$SUI : Bulls vs Bears, who wins?
Sui is trading near $1.18, up roughly 50-60% in a month, but stalling just under $1.20. Both sides have a case ๐Ÿ‘‡
๐Ÿ‚ Bulls say:
Price is above every key moving average, from the 7-day to the 200-day.
SUI has rebuilt its trend structure and holds above the $1.00 level.
A daily close above $1.22 on volume could send it to $1.40-$1.50.
๐Ÿป Bears say:
$1.20 keeps rejecting price.
The MACD is flat, so momentum is fading.
Open interest is shrinking, which shows less conviction.
Losing $1.13 could drag price back to $1.02.
๐Ÿ“ Key levels: Support $1.13 / $1.02 | Resistance $1.20-$1.22 / $1.28
๐Ÿ›‘ Invalidation: below $1.00
๐ŸŽฏ My view: bullish only while $1.13 holds. Wait for a breakout above $1.22 instead of chasing.
Which side are you on? ๐Ÿ‚ or ๐Ÿป? Comment below ๐Ÿ‘‡
#cryptouniverseofficial #sui