SUI Roadmap==>>Short-term!!!
2025-01-04
Category: None

First, let's take a look at the previous  BINANCE:SUIUSDT   Roadmap  that I shared with you on  October 8, 2024 , which was  well done  with this analysis (I told you both the correction and the increase).


The  SUI token  has experienced  significant growth in the past 24 hours , driven by several key  factors :

 1- Expansion of the DeFi Ecosystem : The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence.

2- Rising Open Interest : A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation.

3- Increase in Daily Active Addresses : The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity.

4- Haedal Protocol Secures Seed Funding : Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI ( PYTH:HASUIUSD )  token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL.
 
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Now let's look at the  SUI token chart on the 1-hour time frame  and see if we still have a chance to profit from the increase in SUI!?

 SUI  managed to break the  Resistance zone($5.00-$4.76)  and seems to be  completing the pullback now .

According to the theory of  Elliott waves ,  SUI  seems to be completing  microwave 4 of microwave 3 of the main wave 5 .

I expect SUI to  start increasing again  after the pullback is completed, and we can profit  at least +10%  from the  SUI token .

 ⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️
 

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Sui Analyze (SUIUSDT),1-hour time frame⏰.

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