According to my experience in trading and my analysis of $SUI 🪐
I expect the price to drop to touch 0.6780 or even 0.6750 (to break support and hit the buyers' stop-loss).
· Then it will strongly reverse to rise and touch 0.6850, gathering the sellers' liquidity there.
Do not enter until you clearly see a candle that sweeps one of the levels (0.6850 or 0.6800) with large volume, then follow it with a reversal.
· My goal in the coming hours: either 0.701 (if the bottom is swept first) or 0.675 (if the top is swept first).
I expect the price to drop to touch 0.6780 or even 0.6750 (to break support and hit the buyers' stop-loss).
· Then it will strongly reverse to rise and touch 0.6850, gathering the sellers' liquidity there.
Do not enter until you clearly see a candle that sweeps one of the levels (0.6850 or 0.6800) with large volume, then follow it with a reversal.
· My goal in the coming hours: either 0.701 (if the bottom is swept first) or 0.675 (if the top is swept first).