The Trust Layer for Market Analysts

The analysis indicates SUI is currently in a free fall and likely hasn't reached its low yet, with a target of $1.41 achieved yesterday. The poor data quality due to the $0.55 low on Binance affects accurate Fibonacci measurements, using larger degree Fibs due to chart discrepancies across exchanges, like Kraken showing a low of $0.15. Larger Fibonacci retracements show the only measure is based on the three-wave move up into the January high. The analyst considers that the market didn't respect a 50% retracement or the 100% extension at $1.41. Focus remains downward and considers the next bounce, only a wave 4 bounce up to between $1.96 and $2.22, while a break above $1.42 is needed to show any bullish signals.