Technical analysis by mukit1 about Symbol SUI: Buy recommendation (8/23/2025)

Since my last update on SUI, very little has changed. There has been a series of wave 1 and wave 2. Unless something changes on the macro and SUI price fails to break above $4.43 in the next 2-3 weeks, it should be time to start a series of wave 3s. This melt up should last for 6 months to 1 year and price target should be around $30 to complete intermediate degree wave 3. Overall market is very tricky right now. A lot of news driven and emotional trades are dominating price action. So, if we don't see well defined and very strong upward moves, something different might be going on. For now, holding tightly until price breaks below $2.