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The expected path of #SUIUSDT digital currency on the 1-hour timeframe
Potential Reversal ⚡️
👉 After identifying an upward wave formed within a driving structure, followed by a double zigzag wave representing the corrective wave (2)/(b), the price is now moving within the Y wave range as a sub-wave of this bearish structure. Based on that, we anticipate the following:
* A potential decline within wave (c) of wave Y, as part of wave (2)/(b).
* This downward wave may reach the level of 1.4041 as a potential reversal zone. 〽️
* If the price reverses from this zone, a subsequent upward movement may occur.
⚠️ Breaking the level of 1.3039 will invalidate this bullish scenario.
#SUI
$SUI