As anticipated Sui would drop somewhere between the .2-.4 Fib (of the entire run).
As shown on the chart, Sui has hit the 3.8 Fib.
This was also expected because of the dotted yellow line indicating a breakout retest.
Also my price prediction on 7/23/25 was between $3.4 - $3.5.
So far Sui has hit my target within less than 1% @ $3.52.
Sui may bounce from here since it is in the golden pocket (red T1).
But I would not be surprised if Sui continues down to hit T2 (swipe recent low),
and liquidate the longs before starting its face melting pump upwards.
As shown on the chart, Sui has hit the 3.8 Fib.
This was also expected because of the dotted yellow line indicating a breakout retest.
Also my price prediction on 7/23/25 was between $3.4 - $3.5.
So far Sui has hit my target within less than 1% @ $3.52.
Sui may bounce from here since it is in the golden pocket (red T1).
But I would not be surprised if Sui continues down to hit T2 (swipe recent low),
and liquidate the longs before starting its face melting pump upwards.
May the trends be with you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
May the trends be with you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.