⚡ $SUI JUST BROKE OUT, BUT THIS IS THE REAL TEST
$SUI has now broken above the resistance area and that is the first thing worth watching here.
That is clearly a positive development.
But I would still wait for the U.S. session before getting too excited.
A lot of times, price can push a bit higher, squeeze the shorters with one aggressive candle, and then come back down fast.
So for me, the move is not fully confirmed yet.
Another thing I am watching is the FVG lower around $0.77.
If price loses momentum, that zone could easily come into play later.
So yes, breakout for now.
But also a market that still feels very sensitive.
And that matters because all crypto is at a critical point right now because of $BTC.
If $BTC stays strong, $SUI can keep building from here.
If $BTC weakens, this breakout can quickly turn into a fake move.
So overall, bullish structure in the short term.
But I would let the U.S. session show its hand first before trusting the move too much.
Not a recommendation to buy or sell $SUI . Always do your own research.