#BinanceVietnamSquare
$SUI — Momentum is back, but don’t chase blindly.
$SUI has reclaimed the $1.20 area, with fresh institutional access through CME Micro SUI futures adding another catalyst. Its ecosystem is also showing strength, with Sui reporting new activity around DeepBook, stablecoin payments and DeFi infrastructure.
The bullish case stays valid while $1.20 holds, with ~$1.40 as the next major resistance zone. But the recent rally has also seen heavy derivatives activity and liquidation-driven moves, so a pullback/consolidation would not be surprising.
Strategy: watch the $1.20–$1.15 zone for confirmation rather than chasing green candles. Above $1.40 would strengthen momentum; losing $1.10 would weaken the setup.
Market view: cautiously bullish, not blindly bullish.
#SUİ #BinanceSquare #SUIUSDT
$SUI — Momentum is back, but don’t chase blindly.
$SUI has reclaimed the $1.20 area, with fresh institutional access through CME Micro SUI futures adding another catalyst. Its ecosystem is also showing strength, with Sui reporting new activity around DeepBook, stablecoin payments and DeFi infrastructure.
The bullish case stays valid while $1.20 holds, with ~$1.40 as the next major resistance zone. But the recent rally has also seen heavy derivatives activity and liquidation-driven moves, so a pullback/consolidation would not be surprising.
Strategy: watch the $1.20–$1.15 zone for confirmation rather than chasing green candles. Above $1.40 would strengthen momentum; losing $1.10 would weaken the setup.
Market view: cautiously bullish, not blindly bullish.
#SUİ #BinanceSquare #SUIUSDT