$SUI 1,17.
I touched 1,29 early this morning and then dropped to 1,17, down more than 6% for the day. The daily range is still rising; the daily indicator is still keeping a long position from 0,857. But from the 4H timeframe downward, it’s currently correcting: 4H has exited the long around 1,28, and the 1H and 30m RSI are both below 40.
The zones to watch are 1,14–1,16, then 1,10–1,12. The most recent 15m candles have been moving sideways in the 1,17–1,19 range.
As for the news, there are two directions: the community is boasting that the number of active users has increased strongly, while AlphaLend on Sui just closed after an oracle issue, and the Foundation has stepped in to cover bad debts.
1,14 — will it hold or break through, guys?
$BTC retracts to 82,6k. Where alt goes depends on BTC.
Personal observation only, not financial advice. 1% risk; always have a stop point.
#SUI #SuiNetwork $SUI $BTC
I touched 1,29 early this morning and then dropped to 1,17, down more than 6% for the day. The daily range is still rising; the daily indicator is still keeping a long position from 0,857. But from the 4H timeframe downward, it’s currently correcting: 4H has exited the long around 1,28, and the 1H and 30m RSI are both below 40.
The zones to watch are 1,14–1,16, then 1,10–1,12. The most recent 15m candles have been moving sideways in the 1,17–1,19 range.
As for the news, there are two directions: the community is boasting that the number of active users has increased strongly, while AlphaLend on Sui just closed after an oracle issue, and the Foundation has stepped in to cover bad debts.
1,14 — will it hold or break through, guys?
$BTC retracts to 82,6k. Where alt goes depends on BTC.
Personal observation only, not financial advice. 1% risk; always have a stop point.
#SUI #SuiNetwork $SUI $BTC
