#Crypto2025Trends

$SUI was The Best Asset of 2024, But It is almost DONE !!!

Today we will take a look at the coin $SUI which has already brought a lot of profit to its holders. While other alts are scamming every day, this coins performs great and now we can see a lot of optimism around this crypto.

Now the question is whether it is time to sell $SUI or rally will continue and whether this coins is the next Ethereum?

To Answer this question we divide its movement in 5 Waves.

1st Wave:

If we take a look at the weekly time frame, the Elliott waves theory tells us that listing pump was just a 1st wave.

2nd Wave:

Later, we have seen the consolidation in a wide range. Its price was able to maintain at pretty high level and continue rising/pumping. We can count this as 2nd wave in a shape of flat correction ABC.

3rd Wave:

After that price started the impulsive 3rd wave. This wave has the maximum target at 2.61 Fibonacci extension at $6. Correction can start in any moment now, so this token is dangerous. 

4th & 5th Wave:

After corrective 4th wave, which can reach approximately $3, we expect the final 5th wave, which has the targets above $8.

There we have to wait for the red dot on the Bearish Reversal Bar Indicator, after that reversal is expected in the new bear market.