SUI Roadmap==>>Short-term!!!

First, let's take a look at the previous SUIUSDT Roadmap that I shared with you on October 8, 2024, which was well done with this analysis (I told you both the correction and the increase).

The SUI token has experienced significant growth in the past 24 hours, driven by several key factors:

1-Expansion of the DeFi Ecosystem: The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence.

2-Rising Open Interest: A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation.

3-Increase in Daily Active Addresses: The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity.

4-Haedal Protocol Secures Seed Funding: Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI (HASUIUSD) token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL.

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Now let's look at the SUI token chart on the 1-hour time frame and see if we still have a chance to profit from the increase in SUI!?

SUI managed to break the Resistance zone($5.00-$4.76) and seems to be completing the pullback now.

According to the theory of Elliott waves, SUI seems to be completing microwave 4 of microwave 3 of the main wave 5.

I expect SUI to start increasing again after the pullback is completed, and we can profit at least +10% from the SUI token.

⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️


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Sui Analyze (SUIUSDT),1-hour time frame⏰.

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