$SUI just ripped 6.2% today and is sitting at $0.796, right on top of yesterday's high at $0.7869, a level that used to be a ceiling.
that flip matters more than the green candle does. price didn't just wick through $0.7869, it's holding above it, and that's usually the difference between a pump that fades and one that keeps going.
the numbers back it up. daily RSI is at 58, the sweet spot where trends tend to keep running instead of stalling, MACD histogram is positive, and sui's beating btc by 4.1 points over the past week. yeah, it's still lagging btc by 6.5 points over 30 days, but that's the old story, not this week's.
sui trades at $0.796 right now. if it holds $0.7869, i think it grinds up toward the 10 day swing high at $0.8052, that's the next real ceiling to test. if it loses $0.7869, i'm wrong on this and anyone who bought the breakout is holding a bag with no support underneath.
holding $0.7869 or losing it?
that flip matters more than the green candle does. price didn't just wick through $0.7869, it's holding above it, and that's usually the difference between a pump that fades and one that keeps going.
the numbers back it up. daily RSI is at 58, the sweet spot where trends tend to keep running instead of stalling, MACD histogram is positive, and sui's beating btc by 4.1 points over the past week. yeah, it's still lagging btc by 6.5 points over 30 days, but that's the old story, not this week's.
sui trades at $0.796 right now. if it holds $0.7869, i think it grinds up toward the 10 day swing high at $0.8052, that's the next real ceiling to test. if it loses $0.7869, i'm wrong on this and anyone who bought the breakout is holding a bag with no support underneath.
holding $0.7869 or losing it?
