$SUI is now at 0.9731, just 2.1% above today's low of 0.9528. That's not what I'm looking at, though: it's only down 1.05% over the past 1h, but trading volume is just 0.4x the hourly average—it's falling on low volume. I don't buy this kind of drop; the sellers aren't even pushing that hard. On the other hand, 24h trading volume is 29M, which is pretty quiet for SUI, and there's no one stepping in to buy on the way up either. Neither direction has volume—that's a dead market. I have just one condition: a high-volume break below 0.9528. Otherwise, I'm not touching that 2.1% of downside.
#SUI #BinanceSquare #Crypto
#SUI #BinanceSquare #Crypto