$SUI Two huge-volume hourly candles overnight look more like the afterglow of a short squeeze than a new narrative
At 22:00, ≈30M pushed straight through 0.90; at 23:00, another ≈38M took it to the daily high of 0.9568. OI notional rose from around 95M to ≈100M—position value rose along with it, so it wasn’t all just shorts closing.
The current price is hovering around 0.94, with RSI at ≈68. BNB also rose over the same period, but SUI showed greater volatility. This move has already priced in some of the “rebound + short squeeze” premium. As volume ebbs, it looks more like consolidation than the start of a trend narrative.
Not investment advice
#Sui生态 #DeFi rebound
At 22:00, ≈30M pushed straight through 0.90; at 23:00, another ≈38M took it to the daily high of 0.9568. OI notional rose from around 95M to ≈100M—position value rose along with it, so it wasn’t all just shorts closing.
The current price is hovering around 0.94, with RSI at ≈68. BNB also rose over the same period, but SUI showed greater volatility. This move has already priced in some of the “rebound + short squeeze” premium. As volume ebbs, it looks more like consolidation than the start of a trend narrative.
Not investment advice
#Sui生态 #DeFi rebound
