The SUSDT pair, previously known as FANTOM (S), continues to follow a clear ABC wave structure on the higher timeframe. While short-term movements could still push slightly higher, the dominant market structure points toward a bearish continuation phase under wave C. ⚠️
Wave C Projection and Demand Zone Setup 📊
Based on the Elliott Wave formation, wave C is expected to extend toward the highlighted monthly demand zone, where stronger accumulation may occur. This area aligns with long-term support and liquidity levels, making it a critical region for potential reversal setups once the correction completes.
Strategic Insight for Traders 🎯
Traders should remain cautious during this retracement phase and avoid premature entries. The optimal opportunity could form once price confirms a reaction inside the highlighted demand zone, suggesting a shift in control from sellers to buyers.
The SUSDT weekly chart continues to respect its ABC corrective roadmap, with a likely downward move toward the monthly demand zone under wave C. 📉 Patience will be essential for spotting the next accumulation and potential long-term recovery phase.
