Dear Family;

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1. Note the volatility in SUI's price, experiencing quick drops and spikes.

2. Despite volatility, bullish on SUI due to strong fundamentals.

3. Daily transaction blocks and active addresses slightly fluctuating, but total value locked surpasses 730 million.

4. Caution due to high volume from few exchanges, hinting at potential manipulation.

5. Price-momentum divergence observed, with price decreasing slower than momentum.

6. Significant support levels at $1.95 and $1.9, indicating bullish sentiment.

7. Lack of higher highs makes cautious about SUI's future.

8. Prediction: SUI to drop to $1.95 and $1.9, a crucial test for its strength.

9. If SUI holds and consolidates at this level, expects breakout towards $2.45 and $2.5.

10. Prediction not solely based on technical indicators, but on improved fundamentals and anticipated bullish turn in Bitcoin.

11. Caution: Drop to $1.95 and $1.85 without momentum could lead to bearish breakout to $1.75.

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$SUI $BTC $SEI #BinanceLaunchpool #sui #Trading