The Trust Layer for Market Analysts

The analysis employs Elliott Wave theory across multiple timeframes, with a primary focus on daily charts, for SUIUSD, RNDRUSD, and FETUSD. For SUIUSD, the market is identified as completing a corrective Wave B or 2, targeting the range of $1.35 to $1.42. This corrective phase is structured as a 5-wave impulse. A subsequent bullish impulse, Wave C or 3, is anticipated, projecting targets around $7.00 or higher. For RNDRUSD, a significant upward move, designated as Wave A or 1, has been completed. The market is currently undergoing a complex correction, featuring a 3-wave decline, a triangle, and a final downward leg, with immediate targets between $1.39 and $1.53. Despite general market weakness, RNDR demonstrated relative strength. The long-term outlook for RNDR is a new bull run towards new all-time highs. FETUSD shows a similar pattern, having completed a primary upward wave and now in a corrective phase. The current downward impulse for FETUSD is expected to conclude in the $0.16-$0.20 range, possibly via a truncation. A diagonal or ABC correction is noted, preceding an anticipated rebound that should lead to a new bull run, potentially surpassing previous highs around $1.30. The overarching prediction for all three assets indicates a long-term bullish trend after the completion of their respective corrective structures.