As requested, I'm charting SUI.

So what's up with SUI?

Yup Sui has been dropping for weeks now, but I'm seeing a huge bullish falling wedge in the 1D chart. If this wedge plays out, it can easily send the price back up to its ATH.

Moreover, in the 4H and 6H chart price has likewise bottomed. It seems that this token might have a good chance to recover late this week, and the latest weekly candle may create a higher low.

However, BTC Dominance is soaring lately and it's greatly affecting the alts. Yup it is dragging down even the most bullish alts. When BTC Dominance soars higher, it means people are buying BTC. From holding alts, they convert to BTC.

If you'd like to trade Sui, always seek a good entry. Start DCA at the 1.3935 support.

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#sui #BullorBear #BinanceLaunchpool #BTC #TechnicalAnalysis

Chart 👇