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Wait until you see how $SUI is holding this level while everything else looks shaky.
We’ve been in this boring accumulation range between $0.86 and $0.94 for weeks now. Today we’re up 5% sitting at $0.9291 and honestly it looks like it’s finally tired of staying down here.
Support at $0.86 is rock solid for now. If we can actually close a daily candle above that $0.94 resistance zone then we are finally talking about a move toward $1.07.
The order book is looking heavy on the buy side with over 57% bids so the interest is definitely there. Volume is decent at nearly 40M SUI traded today. I’m just watching to see if we get that breakout candle or if it’s just another range play.
#GlobalStocksBroadlyDecline