$SUI short-term trading: I am bearish. Right now around 0.96, down nearly 6% over the past 24 hours. After a volume increase and pullback on the 4-hour chart, it still hasn’t reclaimed the two short-term moving averages.
For support below, first watch 0.93–0.945. For resistance above, look at 0.965–0.985. If it breaks below 0.93, the pullback may continue. Only if the 4-hour closes back above 0.985 will I withdraw my bearish view and then see whether it can reclaim $1.
For support below, first watch 0.93–0.945. For resistance above, look at 0.965–0.985. If it breaks below 0.93, the pullback may continue. Only if the 4-hour closes back above 0.985 will I withdraw my bearish view and then see whether it can reclaim $1.
