So, there was a lot of FUD about SUI being rejected at the $4.98 resistance level and yesterday it passed it. Today we are seeing a healthy test above $5.00 which means that support will now be $4.98 and an upward climb to $10.00 shall commence. Im loading up bags at the daily/weekly close today once the above is confirmed. as long as BTC doesn't go bearish then there is no reason SUI wont continue this climb. Definitely a great opportunity on a solid project. -This is not financial advice...
Note
Also, Coinbase BTC premiums are finally in a supportive price range. The -$12.74 is manageable and I have a feeling this will flip to the upside and then a bull rally should ensue.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.