$SUI is sitting at 0.906 after the Oct 29 flush that wicked it down to 0.826. Two quiet days since, tight range around 0.89-0.91, nothing exciting yet.
On the NanoTrading Fire chart (4h) the heaviest heat is right at price, a thick band around 0.895-0.90 that keeps getting defended. Below that the next real liquidity is down at 0.855 and 0.83-0.84. Overhead the POC sits at 0.918, and the liquidation map stacks its strongest band just above at 0.92-0.935, then 0.945-0.95 and 0.96-0.97.
Binance futures says the crowd is leaning hard. Around 68% of accounts are long (L/S 2.1) and even top traders are at 1.96, funding back up to +0.0073%, OI creeping up to ~104M
$SUI . Everyone's positioned for the bounce already.
My read: reclaim 0.918 and those short liq bands at 0.92-0.935 should get swept quickly. Lose 0.895 with this many longs and I'd expect a fast drop into 0.855.
Are you buying the 0.90 floor here or waiting for the long flush first?
NFA, just my chart notes.
Source: NanoTrading Fire chart (nanotradingclub.xyz)
#SUI #Binance #NanoTrading