๐ $SUI BULLISH ANALYSIS: Targets $6 Next ๐โ ๏ธโ ๏ธ๐ธ๐ธ
The $SUI 4-hour chart reveals a clear Elliott Wave progression ๐, with the price entering Wave 3, the strongest impulse wave ๐ช.
_Key Targets:_
- Wave 3: $6.385 (3.0 extension) and $6.929 (3.618 extension) ๐
- Corrective Wave 4: Support levels at $3.883 and $3.411 ๐ก๏ธ
- Wave 5: Potential retest or exceed Wave 3 highs ๐
_Trend and Strategy:_
- Overall trend: Bullish with a strong breakout signal ๐
- Strategy: Monitor momentum indicators and volume to confirm strength of each move ๐. Corrections in Wave 4 may provide better reentry points ๐.
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