$SUI woke up around Sept 15 at 0.67 and decided it's a main character now ๐
Almost doubled to 1.29 in just over 10 days.
Then today one big red candle showed up like "nice try, babe." Down 7%, long upper wick, everyone who waited for the 1.30 breakout got left on read ๐
๐ $SUI 1D setup:
๐บ Rally: 0.6705 โ 1.2969 (~+93%), above MA(7), MA(25), MA(99)
๐ด Now: 1.1481, -7.19%
๐งฑ Resistance: 1.2969, then 1.3283
๐ก Support: 1.1325, MA(7) ~1.10, then 1.0526
โ ๏ธ Daily close below 1.1325 could mean a pullback to 1.10 / 1.05
โ Reclaim 1.19 and a retest of 1.29 is possible
Trend is still up, but it's overextended. This is a normal pullback, not a crash. Don't panic-sell, don't chase the top either ๐
Not financial advice. Set your own stop-loss, queen ๐ #SUI #SUIUSDT
Then today one big red candle showed up like "nice try, babe." Down 7%, long upper wick, everyone who waited for the 1.30 breakout got left on read ๐
๐ $SUI 1D setup:
๐บ Rally: 0.6705 โ 1.2969 (~+93%), above MA(7), MA(25), MA(99)
๐ด Now: 1.1481, -7.19%
๐งฑ Resistance: 1.2969, then 1.3283
๐ก Support: 1.1325, MA(7) ~1.10, then 1.0526
โ ๏ธ Daily close below 1.1325 could mean a pullback to 1.10 / 1.05
โ Reclaim 1.19 and a retest of 1.29 is possible
Trend is still up, but it's overextended. This is a normal pullback, not a crash. Don't panic-sell, don't chase the top either ๐
Not financial advice. Set your own stop-loss, queen ๐ #SUI #SUIUSDT