On Monday, SUI dipped into our green Target Zone ($3.12 – $2.54) but quickly rebounded and climbed back above the $3.27 level. While it’s possible that wave 2 has already bottomed, we’re still allowing for potential new lows within this range. Once this interim correction wraps up, we expect an impulsive rally as green wave 3 takes shape, which should push well above the $4.44 resistance.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.