SUI/USDT – Final Impulse or Breakdown? Two Scenarios in Play

SUI May 17, 2025

📅 Original Forecast Date: May 17, 2025
📉 Asset: SUI/USDT
🎯 Projected Move: Final push in wave (5) or breakdown from diagonal
✅ Target Area: $2.93 support zone
📍 Status: In Progress

🔎 Replay & Chart:

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🧠 Analysis Summary:

On May 17, 2025, SUI was analyzed for a possible ending diagonal or continuing impulse wave (5).
The price structure shows contracting wedge formation—typically either a terminal pattern or a continuation phase.

Scenario 1: A bullish breakout could finalize wave (5).
Scenario 2: A bearish breakdown may drag price to $2.93, wave (2)’s base.

Volume and wedge breakout will likely decide direction.