Will $SUI finally wake up or is this another trap?
Looking at the 1D chart, it’s been a tough downtrend from the $1.80 level. We’ve been stuck in this consolidation zone for a while, mainly bouncing between $0.80 and $0.95. The price is currently at $0.9466, right at the top of this local range. We’ve seen some green candles over the past few days, but the volume doesn’t scream “breakout” yet. If we can actually turn $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’ll look for another dip to $0.80 to see if buyers are still around. Patience is key in this situation. No need to chase resistance.
Is $SUI finally waking up or is this another trap? Looking at the 1D chart and it’s been a rough ride down from that $1.80 level. We’ve been stuck in this consolidation zone for a bit now, basically bouncing between $0.80 and $0.95. The price is currently sitting at $0.9466, right at the top of this local range. We’ve seen some green candles over the last few days, but the volume isn't screaming "breakout" just yet. If we can actually flip $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’m looking for another dip back into the $0.80s to see if the buyers are still there. Staying patient on this one. No need to chase into resistance.
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Will $SUI finally wake up or is this another trap?
Looking at the 1D chart, it’s been a tough downtrend from the $1.80 level. We’ve been stuck in this consolidation zone for a while, mainly bouncing between $0.80 and $0.95.
The price is currently at $0.9466, right at the top of this local range. We’ve seen some green candles over the past few days, but the volume doesn’t scream “breakout” yet.
If we can actually turn $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’ll look for another dip to $0.80 to see if buyers are still around.
Patience is key in this situation. No need to chase resistance.
Looking at the 1D chart and it’s been a rough ride down from that $1.80 level. We’ve been stuck in this consolidation zone for a bit now, basically bouncing between $0.80 and $0.95.
The price is currently sitting at $0.9466, right at the top of this local range. We’ve seen some green candles over the last few days, but the volume isn't screaming "breakout" just yet.
If we can actually flip $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’m looking for another dip back into the $0.80s to see if the buyers are still there.
Staying patient on this one. No need to chase into resistance.
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