This chart is saying loud and clear:
We may have just printed a bottom.
📈 After bouncing from the All-Time Low Zone, SUI surged with authority, reclaiming the .236 Fib and now eyeing .382 at $3.10+.
What I'm seeing:
✅ Bullish engulfing from demand
📊 Clear Fibonacci levels aligning with volume interest
🟣 Target area: $5.35 zone (Previous High) marked as "Waiting for Retest"
If this structure holds and momentum builds, we could see a Fibonacci wave toward the .618 at $3.96 and potentially a full retest into previous highs. But remember — confluence matters.
💡 This is why structure and candle maturity mean everything.
I’m not just reacting — I’m observing.
📍 Keep an eye on price behavior around the .382 level. That’s the next chess move.
#SUI #CryptoMarket #AltcoinSeason #ChartAnalysis #SmartMoneyFlow #FibonacciLevels #BreakoutWatch
We may have just printed a bottom.
📈 After bouncing from the All-Time Low Zone, SUI surged with authority, reclaiming the .236 Fib and now eyeing .382 at $3.10+.
What I'm seeing:
✅ Bullish engulfing from demand
📊 Clear Fibonacci levels aligning with volume interest
🟣 Target area: $5.35 zone (Previous High) marked as "Waiting for Retest"
If this structure holds and momentum builds, we could see a Fibonacci wave toward the .618 at $3.96 and potentially a full retest into previous highs. But remember — confluence matters.
💡 This is why structure and candle maturity mean everything.
I’m not just reacting — I’m observing.
📍 Keep an eye on price behavior around the .382 level. That’s the next chess move.
#SUI #CryptoMarket #AltcoinSeason #ChartAnalysis #SmartMoneyFlow #FibonacciLevels #BreakoutWatch
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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.