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$SUI just ripped straight into the primary supply zone. A relief rally of this magnitude is textbook behavior following such a prolonged downside extension.
Having perfectly captured the macro move from $0.97 to $1.40, I am under zero pressure to chase this current price action. A single isolated spike does not constitute a structural trend reversal.
The thesis becomes active again only upon a clean reclaim and consolidation above $1.16. Until that level flips from resistance to firm support, risk management dictates patience. I'm content to sit on the sidelines and let the market prove itself.