🚨 $SUI just reclaimed $1.00 on Samsung news, but one level is still blocking the real move. 🚨
Price is around $1.03, up about 4% on the day and still roughly 81% below its all-time high. Headlines are good, but it's still trading under its 20-day average, so I'm not buying the hype yet. 👀
Levels I'm watching:
🟣 $1.20 to $1.24: next resistance zone
🔴 $1.09: 20-day average, reclaim it and the trend flips
🟢 $1.00: pivot, I want to see it held on pullbacks
⚠️ Lose $0.93 and the recent lows get retested
Catalyst: the Samsung Wallet partnership has put SUI back on radar. News alone rarely holds a move, so I want volume to confirm.
My plan: no chasing the green candle. I want a daily close above $1.09 before getting bullish, and I'm out if $0.93 breaks.
Does the Samsung bounce stick, or fade? 👇
#SUI🔥 #CryptoWatchMay2024 #CryptoTradingBots #altcoins
@Ismeidy @Zetoshi X @Zetoshi X @BitEagle News
Price is around $1.03, up about 4% on the day and still roughly 81% below its all-time high. Headlines are good, but it's still trading under its 20-day average, so I'm not buying the hype yet. 👀
Levels I'm watching:
🟣 $1.20 to $1.24: next resistance zone
🔴 $1.09: 20-day average, reclaim it and the trend flips
🟢 $1.00: pivot, I want to see it held on pullbacks
⚠️ Lose $0.93 and the recent lows get retested
Catalyst: the Samsung Wallet partnership has put SUI back on radar. News alone rarely holds a move, so I want volume to confirm.
My plan: no chasing the green candle. I want a daily close above $1.09 before getting bullish, and I'm out if $0.93 breaks.
Does the Samsung bounce stick, or fade? 👇
#SUI🔥 #CryptoWatchMay2024 #CryptoTradingBots #altcoins
@Ismeidy @Zetoshi X @Zetoshi X @BitEagle News