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$SUI looks like it’s finally tired of sitting in the mud.
If you check the daily chart, we’ve been chopping around that 0.90 level for what feels like forever. Today we’re seeing a decent candle up to 0.95 and the buyers are actually showing up for once.
The next big test is that 1.00 psychological level. We’ve seen a lot of rejection there recently, especially that wick up to 1.04. If we can actually close a daily candle above a dollar, things might get interesting fast.
Support is sitting pretty firm at 0.92 now. As long as we stay above that, the trend looks healthy. If it fails, we’re probably heading back to the 0.85 zone to hunt for more liquidity.
Are you betting on the breakout or waiting for a cleaner entry?
#BitcoinETFOptionLimitQuadruples