$SUI
I made a big move, but the most important test hasn’t started yet.
The price is at 1.1636 after a 15.14% rise in 24 hours. The Daily broke out of a long range under 1.00 and reached 1.2179.
What’s notable is that the rise was confirmed with strong volume; the last daily wave traded more than 164M SUI, while the 4H saw a clear jump from 1.0133 up to 1.2179.
Now the price is pulling back from the peak, but it’s still holding the area of the last breakout around 1.144–1.152.
Holding above this zone, then reclaiming 1.20, is what will bring back pressure on 1.2179; a breakout of the high would extend the move rather than turning it into just a spike.
As for breaking 1.09, that would erase the current rebound’s most important structure. Then the last upswing would need to be reassessed.
$SUI
I made a big move, but the most important test hasn’t started yet.
The price is at 1.1636 after a 15.14% rise in 24 hours. The Daily broke out of a long range under 1.00 and reached 1.2179.
What’s notable is that the rise was confirmed with strong volume; the last daily wave traded more than 164M SUI, while the 4H saw a clear jump from 1.0133 up to 1.2179.
Now the price is pulling back from the peak, but it’s still holding the area of the last breakout around 1.144–1.152.
Holding above this zone, then reclaiming 1.20, is what will bring back pressure on 1.2179; a breakout of the high would extend the move rather than turning it into just a spike.
As for breaking 1.09, that would erase the current rebound’s most important structure. Then the last upswing would need to be reassessed.
$SUI