$SUI Trade Alert
๐กWith Nansen just integrating Sui analytics (Jan 23) and the ecosystem preparing for Gasless Stablecoin Payments, the fundamental "floor" is rising. We are seeing institutional accumulation (Bitwise/Grayscale) even while retail is fearful. ๐๐
๐ Key Trading Levels:
Current Price: ~$1.49
Support: $1.43 โ $1.45. (Major "Demand Zone") If this holds, a 15-20% relief bounce is likely. ๐ก๏ธ
Resistance: $1.62. This aligns with the 20-day EMA. A daily close above this level flips the sentiment back to Bullish. ๐งฑ
Macro Target: $1.79 โ $2.00. Breaking $1.79 is the "key" to unlocking the next parabolic leg. ๐ฏ
โก๏ธ Entry: $1.47 โ $1.49
Safe Entry: Wait for a reclaim of $1.55.
SL: $1.38
Note: RSI is making higher lows, signaling that selling pressure is drying up.