๐
GM traders ๐ $SUI is still looking strong.
$SUI made one of the strongest moves today, so I took a closer look. I donโt see one major headline behind the move โ it looks more like a mix of built-up momentum, L1 rotation, spot demand and a short squeeze.
That strength is interesting, but strong asset โ good entry.
Iโm not chasing around $1.03 after such a fast move.
๐ Key zone: $0.94โ$0.98
If price pulls back cleanly and buyers defend the breakout area, Iโll start watching for a long.
Alternative scenario: acceptance above $1.055โ$1.07 and continuation.
For now:
๐ข Bullish on direction
โณ Patient on entry
Let $SUI give the setup instead of chasing the move. ๐
$SUI made one of the strongest moves today, so I took a closer look. I donโt see one major headline behind the move โ it looks more like a mix of built-up momentum, L1 rotation, spot demand and a short squeeze.
That strength is interesting, but strong asset โ good entry.
Iโm not chasing around $1.03 after such a fast move.
๐ Key zone: $0.94โ$0.98
If price pulls back cleanly and buyers defend the breakout area, Iโll start watching for a long.
Alternative scenario: acceptance above $1.055โ$1.07 and continuation.
For now:
๐ข Bullish on direction
โณ Patient on entry
Let $SUI give the setup instead of chasing the move. ๐
