The correction in $SUI is healthy because it clears short-term overextensions and allows the market to reset before the next upward move. I’m watching this zone closely to see if buyers defend it and prepare for the next leg.
$SUI Long Liquidation: $2.3349K at $1.5153
Entry Zone: 1.50 – 1.52
Target 1: 1.56
Target 2: 1.62
Stop Loss: 1.48
This zone is strong because it coincides with a previous support area where price bounced multiple times. It also aligns with a key retracement from the last bullish swing, making it a reaction area that often attracts buyers. If this level holds, they’re building strength, and the next upward move could gain momentum. I’m watching for rejection candles and increasing volume for confirmation.
#CPIWatch #TrumpTariffs #TrumpNewTariffs
SUI
1.6044
-1.63%
