The Trust Layer for Market Analysts

The analyst presents a technical analysis of SUIUSD, RENDERL, and FETUSD using Elliott Wave theory, identifying wave patterns and potential scenarios. For SUIUSD, several bullish possibilities are weighed against the likelihood of a zigzag pattern completion that could lead to downside movement. The presence of multiple patterns indicates uncertainty but suggests further decline. For RENDERL, the analyst leans toward lower prices post a possible triangle formation. FETUSD is analyzed with a focus on one bearish scenario, indicating a high probability of testing lower levels with possible invalidation point near 0.6272 and target lower than 0.5597, such as 0.2686, but before that the prices might fall into blue boxes between 0.618 and 0.786 levels for testing area.