$SUI
is trading near $1.03, roughly flat to slightly lower over the past day after bouncing from the October 15 low near $0.96. The session range has been about $1.01–$1.06. Over the next 24 hours the base case is continued chop between $1.00 and $1.06. A push above $1.06 opens $1.08–$1.10; a loss of $1.00 reopens the $0.96 low and the mid-$0.90s. The broader market remains sensitive to inflation data and Fed commentary, so any risk-off move is likely to keep SUI capped under the broken $1.10–$1.13 area. Expect range-bound action unless Bitcoin reclaims $83,000 cleanly.
is trading near $1.03, roughly flat to slightly lower over the past day after bouncing from the October 15 low near $0.96. The session range has been about $1.01–$1.06. Over the next 24 hours the base case is continued chop between $1.00 and $1.06. A push above $1.06 opens $1.08–$1.10; a loss of $1.00 reopens the $0.96 low and the mid-$0.90s. The broader market remains sensitive to inflation data and Fed commentary, so any risk-off move is likely to keep SUI capped under the broken $1.10–$1.13 area. Expect range-bound action unless Bitcoin reclaims $83,000 cleanly.
