binancesquarre

$PEPE The big move is coming??
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$BTC
$PEPE

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$SUI made a strong spike straight into the last major supply zone, and honestly, that kind of reaction is completely normal after such an extended downside move. When markets get oversold for a long period, relief rallies like this tend to happen fast and aggressively.
I already played the move from $0.97 up to $1.40, so I’m not rushing to jump back in here. Chasing after a big impulse candle usually isn’t the smartest move, especially when price is running directly into resistance. Right now, patience matters more than hype.

The level I’m watching closely is $1.16. If $SUI can reclaim that area and actually hold above it with strength, then the chart starts becoming interesting again for another continuation setup. One spike alone doesn’t confirm a trend reversal. I want to see proper acceptance, stability, and buyers defending higher levels before considering another entry.

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