$SUI

Sui (SUI) shows a bullish shark pattern amid market correction

Market analysis shows that Sui (SUI) has formed a "Bullish Shark" harmonic pattern on the daily chart, indicating a potential reversal after recent losses. The structure started near $1.75, rose to a high of $4.25, then retraced to a key support level of $1.30. Since then, buyers have raised the price to $1.47, indicating renewed interest. A broader trend reversal in the market may be confirmed if the price closes above the range of $1.78–$1.80, with targets at $2.30 and $4.40. On the other hand, a drop below $1.30 would invalidate the bullish outlook.