Is $SUI finally waking up or is this another trap?
Looking at the 1D chart and it’s been a rough ride down from that $1.80 level. We’ve been stuck in this consolidation zone for a bit now, basically bouncing between $0.80 and $0.95. The price is currently sitting at $0.9466, right at the top of this local range. We’ve seen some green candles over the last few days, but the volume isn't screaming "breakout" just yet. If we can actually flip $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’m looking for another dip back into the $0.80s to see if the buyers are still there. Staying patient on this one. No need to chase into resistance.
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Is $SUI finally waking up or is this another trap?
Looking at the 1D chart and it’s been a rough ride down from that $1.80 level. We’ve been stuck in this consolidation zone for a bit now, basically bouncing between $0.80 and $0.95.
The price is currently sitting at $0.9466, right at the top of this local range. We’ve seen some green candles over the last few days, but the volume isn't screaming "breakout" just yet.
If we can actually flip $0.96 into support, we might finally see some relief toward the $1.15 area. But honestly, if it rejects here again, I’m looking for another dip back into the $0.80s to see if the buyers are still there.
Staying patient on this one. No need to chase into resistance.
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