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Sui Confirms Impulsive Elliott Wave Structure

Sui Confirms Impulsive Elliott Wave Structure

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by Satoshi Nakamura

an hour ago


Sui has made headlines by surpassing the 362 mark, signaling a significant shift in its market dynamics. This breakthrough suggests a transition from previous corrective phases to a more structured bullish cycle, drawing the attention of investors and analysts alike, as the publication demonstrates positive momentum in the developments.

Market Analysis by Nology

According to analyst Nology, the current market count indicates a nested 12 setup, a pattern that typically leads to a gradual yet powerful upward trend. This analysis highlights the potential for sustained growth as Sui gains momentum in the market.

Resistance Levels and Investment Potential

The immediate focus for Sui is to break through the resistance levels between 385 and 410. Achieving this milestone would not only reinforce the bullish impulse but also attract further investment interest, solidifying Sui's position in the competitive crypto landscape.

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