Sui Faces Weak Price Bounce, “One More Low” Towards $1?

A crypto market analyst tracking Sui (SUI) is warning that the token is lagging behind major assets like Bitcoin, Ethereum, Solana, and Cardano, and may be headed for at least one more leg down toward the $1 area despite a potential short-term bounce. The commentator, focusing on Elliott Wave structures and key Fibonacci levels, argues that Sui is showing “additional weakness” compared with other large-cap coins that appear to be progressing through a clearer B-wave relief rally. Weak B-Wave, Lower SUI Price Targets Now In Focus On the higher time frame chart, Sui is currently testing an orange trend-line

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