Technical analysis by MarketIntel about Symbol SUI on 4/9/2025

SUI broke the support at $1.97 and tested it once again from below with yesterday's brief countermovement. It should now proceed downward so that the turquoise corrective wave 2 can be properly completed. Subsequently, the turquoise impulse wave 3 should provide new upward momentum, racing toward new all-time highs. The resistance at $5.36 should only be a milestone.