$SUI breaks above the 1 level, with the current price at 1.0083.
The round-number level itself has no special significance, but pending orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is usually intense.
The key is whether the price can hold above 1 on a pullback. If it does, resistance turns into support. How would you respond?
Markets change in an instant, so make your own judgment.
The round-number level itself has no special significance, but pending orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is usually intense.
The key is whether the price can hold above 1 on a pullback. If it does, resistance turns into support. How would you respond?
Markets change in an instant, so make your own judgment.