$SUI approaching critical range structure as $BTC tests support.
Price lost the 0.726 mid-range after Bitcoin's rejection, retested the point of control, and now back below that level. Clean breakdown of local structure.
If Bitcoin delivers the ideal flush scenario — a quick wick under 75.5K followed by continuation — $SUI likely retests the 0.67 range-low. That level is stacked: range-low plus value area low. Last test there produced a textbook bullish deviation.
So if $BTC dumps then resumes the uptrend, we could see another deviation setup at $SUI lows. That's the trade: wait for the flush, watch for the deviation, enter at the range-low where risk/reward and probabilities align.
0.67 is the highest-conviction zone for positioning. Alerts set, watching closely. No edge above that level right now — the plan is clear, the wait is patient.
Price lost the 0.726 mid-range after Bitcoin's rejection, retested the point of control, and now back below that level. Clean breakdown of local structure.
If Bitcoin delivers the ideal flush scenario — a quick wick under 75.5K followed by continuation — $SUI likely retests the 0.67 range-low. That level is stacked: range-low plus value area low. Last test there produced a textbook bullish deviation.
So if $BTC dumps then resumes the uptrend, we could see another deviation setup at $SUI lows. That's the trade: wait for the flush, watch for the deviation, enter at the range-low where risk/reward and probabilities align.
0.67 is the highest-conviction zone for positioning. Alerts set, watching closely. No edge above that level right now — the plan is clear, the wait is patient.
