Technical analysis by VIPCryptoVault about Symbol SUI on 11/18/2025

SUI/USDT on the 1H chart appears to have completed a downward correction. The price action has followed a large descending channel and what looks like a corrective structure, ending with a final five-wave move. Key Levels Potential Entry: Upon confirmation of the breakout above $1.62. Target 1: $1.9 (50% of the previous down trend) Target 2: $1.973 (61% of the previous down trend) Target 3: $2.070 (Testing previous resistance zone) Invalidation/Stop-Loss: A move and close below the wave (5) low around $1.50 What do you do? Look for a bullish break with high volume from the immediate small consolidation pattern, then take your longs. Good Luck!Price broke clear above the down trendline. We are good to take a long here. Good Luck!