0.80 got tagged twice on $SUI since Sunday night and both times buyers showed up fast.
Second bounce ran it to 0.87 and that pop went straight into the 4h EMA50, the same line thats been capping every rally since late October. Sold off right there. Now its around 0.85 just drifting.
So for me this is a 0.80 to 0.87 box until one side gives. A 4h close over 0.87 and I start looking at 0.90, which was the floor most of last week. Under 0.83 and that 0.80 low probably gets a third visit, and third visits dont always hold.
Second bounce ran it to 0.87 and that pop went straight into the 4h EMA50, the same line thats been capping every rally since late October. Sold off right there. Now its around 0.85 just drifting.
So for me this is a 0.80 to 0.87 box until one side gives. A 4h close over 0.87 and I start looking at 0.90, which was the floor most of last week. Under 0.83 and that 0.80 low probably gets a third visit, and third visits dont always hold.
