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Stop looking for the next big thing because $SUI might have just given us the signal we've been waiting for.
The price action on the daily is looking interesting after that bounce from the 0.82 level. We just saw a massive green candle try to break through the 0.98 resistance, but it got pushed back a bit to where we are now at 0.9315.
The volume is definitely picking up compared to the last few weeks of bleeding out. It looks like we're forming a higher low here, which is usually the start of something bigger if the bulls can keep up this energy.
I’m watching the 0.95 area closely. If we can flip that back into support, I think we head straight back to test 1.05 or even that previous peak. But if we lose 0.86, this whole move was just a fakeout.
Are you buying this strength or waiting for a deeper dip?
#GateSquareAprilPostingChallenge