SMC Analysis Brief – Sui / Tether
The bearish trend has started to weaken after the emergence of a bullish CHoCH on the daily.
The recent surge = strong Displacement indicates the entry of buying liquidity.
The current peak remains a Weak High → which likely means a correction will come before continuing the upward trend.
Expected Scenario
Closest:
Corrective drop towards:
1.05
Then demand zone 0.98 – 0.93
Then if the level holds: ⬅️ Targeting:
1.40
1.80
2.20
Key zones
Demand / OB:
0.93 – 0.98
Cancel the bullish scenario:
Daily close below:
0.88
Professional SMC decision
No buying after an explosive candle.
Best to wait:
Retracement
Small CHoCH
Confirmation from the demand zone
Currently the market is closer to:
“Correction then continuation up” not a direct crash.
H