SUI at $0.85 with $154M in volume — the L1 wars have a new frontrunner 🏗️
+10% today, but here's what's interesting: the Long/Short ratio is 3.37. That means traders are HEAVILY long, which usually means one of two things — either this is the start of something big, or a liquidation cascade is brewing.
🔍 The Picture:
RSI at 69 on 4H — right at the edge of overbought but still has room. Strong uptrend with price above all key MAs. The Sui ecosystem keeps shipping, and the market is noticing.
📋 Trade Plan:
⚡ Entry: $0.82-$0.85 (scale in)
🛑 Stop Loss: $0.72
🎯 TP1: $1.05 | TP2: $1.20
📊 Risk/Reward: 1.9R
⚠️ Heads up: $5.48M net outflow despite the pump is a yellow flag. Scale in gradually — don't go all-in at the top of a 10% candle.
SUI to $1 before September — realistic or cope? 🎯
#SUI #Layer1 #DYOR
⚠️ This is not financial advice. Always do your own research and manage risk carefully.
+10% today, but here's what's interesting: the Long/Short ratio is 3.37. That means traders are HEAVILY long, which usually means one of two things — either this is the start of something big, or a liquidation cascade is brewing.
🔍 The Picture:
RSI at 69 on 4H — right at the edge of overbought but still has room. Strong uptrend with price above all key MAs. The Sui ecosystem keeps shipping, and the market is noticing.
📋 Trade Plan:
⚡ Entry: $0.82-$0.85 (scale in)
🛑 Stop Loss: $0.72
🎯 TP1: $1.05 | TP2: $1.20
📊 Risk/Reward: 1.9R
⚠️ Heads up: $5.48M net outflow despite the pump is a yellow flag. Scale in gradually — don't go all-in at the top of a 10% candle.
SUI to $1 before September — realistic or cope? 🎯
#SUI #Layer1 #DYOR
⚠️ This is not financial advice. Always do your own research and manage risk carefully.