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I am carefully monitoring the recovery structure $SUIUSDT as it emerges from recent consolidation phases. My thesis centers on the absorption of aggressive buyers observed after liquidity hit a low of 0.88110. This cleansing effectively removes weak hands, allowing for the formation of a strong base.
before the current upward expansion.
The 1-hour candlestick currently shows significant strength, moving toward a resistance trigger at 0.92060. If we see a confirmed close above this level, I expect a quick retest of the local high at 0.93750. Volume profile supports this move, indicating that momentum has shifted back in the upward direction.
I prefer to look for structural confirmation rather than chase vertical movements.
A potential retest of the higher low near 0.89830 will offer a more tactical entry opportunity if a direct breakout faces temporary resistance. The focus here is on high-beta execution within the specified range to capitalize on entries and volume $HYPEUSDT.
Always map out your cancellation levels before determining position size. High-beta setups require strict discipline to avoid volatility traps.
#WCTCTradingKingPK #Gate @Gate广场_Official @Gate_Square @Gate Launch $SUI