This poor fellow Sui is trapped between wyckoff creek and MA20 of weekly timeframe which is sloping down. It gave a spring around 0.63 then registered a big bullish candle which got rejected at MA20. If it falls back in to the range (meaning unable to stay above 0.7214) then there is a risk it may capitulate deep to test 0.55. For sui to enter into a bullish structure it must successfully make Ma20 on a weekly time frame a support which is around 81 to 82. If it succeeds then it is likely to rise to 3.47 which is the top of its elbow candle from where original mark down started...

$SUI

SUI
SUIUSDT
0.7377
+1.96%