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The big players are playing games with $SUI .
I was looking for a breakout above 1.03 but we got a nasty rejection instead. Now we’re sitting at 0.9638 and that daily candle is looking pretty heavy. It’s like every time we try to sustain a move upward the sell pressure just suffocates it.
The volume is hanging around 34M which isn't huge but the price action is showing a clear lower high for now. If we don't hold this 0.95 support level we might be looking at a fast trip back down to 0.92 or even 0.86 to find some real buyers.
The order book is almost perfectly split 50/50 right now which usually means a big move is brewing once one side gives up. I’m not touching this until the direction is clearer.
Are you guys bidding this dip or is it too risky?
#WCTCTradingChallengeShare8MUSDT