$SUI
SUI Finally Waking Up? from 0.67 to 1.08 my take
I was watching SUI from 12th September when it touched 0.6730. many people were in panic at that time. but look at now, it made a high of 1.0815 on 20th September. that's more than 60% pump in just 8 days.
currently SUI is trading around 1.0073 with +0.02% and holding nicely. 24h Vol is 104M SUI / 106M USDT, which shows buyers are still interested.
what I am seeing in 4H chart:
strong support now around 0.95 - 0.97 zone. as long as SUI holds above $0.95, bullish structure is intact.
resistance is 1.08 - 1.10. this area was rejected once. need volume to break it.
after a big pump like this, a small sideways consolidation is normal. it's actually healthy, not weakness.
my personal plan: I am not chasing at 1.0073. If it retests 0.96-0.97 and shows bullish candle, then I will look for entry. Target will be 1.10 then 1.18.
this is not financial advice, just sharing what I learned. do your own research.
what do you think about SUI? will it break $1.10 this week?
#SUI #SUIUSDT #CryptoAnalysis
SUI Finally Waking Up? from 0.67 to 1.08 my take
I was watching SUI from 12th September when it touched 0.6730. many people were in panic at that time. but look at now, it made a high of 1.0815 on 20th September. that's more than 60% pump in just 8 days.
currently SUI is trading around 1.0073 with +0.02% and holding nicely. 24h Vol is 104M SUI / 106M USDT, which shows buyers are still interested.
what I am seeing in 4H chart:
strong support now around 0.95 - 0.97 zone. as long as SUI holds above $0.95, bullish structure is intact.
resistance is 1.08 - 1.10. this area was rejected once. need volume to break it.
after a big pump like this, a small sideways consolidation is normal. it's actually healthy, not weakness.
my personal plan: I am not chasing at 1.0073. If it retests 0.96-0.97 and shows bullish candle, then I will look for entry. Target will be 1.10 then 1.18.
this is not financial advice, just sharing what I learned. do your own research.
what do you think about SUI? will it break $1.10 this week?
#SUI #SUIUSDT #CryptoAnalysis
