🚨 $SUI /USDT - Awaiting a Strong Break Above $5 🚨
#SUİ was showing resilience, holding up better than most, but the overall market weakness has caused it to weaken. However, the best opportunity could come once it reclaims $5.
🔑 Key Insight:
$5 has proven to be a crucial level. Price made two fake-outs above the last high, with the second one printing a lower high, signaling caution for now.
📊 What to Watch For:
A break above $5 could signal a return to strength and a potential bullish move.
Patience is key—let’s see how the price behaves when it revisits this level.
⏳ Give It Time:
The market is still navigating uncertainty, and SUI may need a bit more time to build momentum.
Focus on confirmation once it reclaims the key level.
💡 Action Plan:
Stay patient and wait for a clear break above $5 to ensure the momentum is real.
Avoid chasing fake-outs and watch for solid price action above this level.