$SUI is sitting right on the $1 line again and honestly this one is a coin flip for me 👀
Last night it got flushed to 0.937, then a big green 4H candle took it straight back to 1.00. Nice bounce. But zoom out and it's still lower highs since 1.25 early this month.
Price is back over the 4H EMA20 but the EMA50 is up near 1.03 and that's where it got rejected all last week. If it can close a 4H candle above 1.03 I'd start looking at 1.06 again.
Lose 0.99 and I think 0.96 and that 0.94 wick get tested again.
Anyone holding SUI here or waiting?
just my chart read, nothing more. NFA
#SUI #Altcoins
Last night it got flushed to 0.937, then a big green 4H candle took it straight back to 1.00. Nice bounce. But zoom out and it's still lower highs since 1.25 early this month.
Price is back over the 4H EMA20 but the EMA50 is up near 1.03 and that's where it got rejected all last week. If it can close a 4H candle above 1.03 I'd start looking at 1.06 again.
Lose 0.99 and I think 0.96 and that 0.94 wick get tested again.
Anyone holding SUI here or waiting?
just my chart read, nothing more. NFA
#SUI #Altcoins