SUI is still trending downward as its price continues to be rejected at the VWAP.
On the daily timeframe, we can expect the price to retest its daily demand zone around $1.70 and $1.60.
We are looking to enter a long position at this level, targeting the equilibrium around $2.80 to $3 (to break through resistance, or "break the ice").
If we encounter any rejection at that level, we’ll then look to short, targeting $0.80.
This thesis would be invalidated by a clean reclaim of $2.50.
On the daily timeframe, we can expect the price to retest its daily demand zone around $1.70 and $1.60.
We are looking to enter a long position at this level, targeting the equilibrium around $2.80 to $3 (to break through resistance, or "break the ice").
If we encounter any rejection at that level, we’ll then look to short, targeting $0.80.
This thesis would be invalidated by a clean reclaim of $2.50.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。