SUI just pushed back above $1 and touched around $1.08 today.
What caught my eye isn't just the green candle.
Almost $1.8B has traded in 24h, while futures open interest has jumped hard. So yes, buyers are here, but leverage is clearly involved too.
That makes $1.08 important.
If SUI can stay above it, this move starts looking much healthier.
If it gets rejected and leverage starts unwinding, things could get ugly pretty fast.
BTC is sitting around $85K, so SUI isn't fighting the market alone right now.
I’m watching the reaction after $1.08, not the percentage on the screen.
Not financial advice. Do your own research and manage your risk. $SUI
$BTC
What caught my eye isn't just the green candle.
Almost $1.8B has traded in 24h, while futures open interest has jumped hard. So yes, buyers are here, but leverage is clearly involved too.
That makes $1.08 important.
If SUI can stay above it, this move starts looking much healthier.
If it gets rejected and leverage starts unwinding, things could get ugly pretty fast.
BTC is sitting around $85K, so SUI isn't fighting the market alone right now.
I’m watching the reaction after $1.08, not the percentage on the screen.
Not financial advice. Do your own research and manage your risk. $SUI
$BTC
