SUI looks ready to make a serious move — and here’s why this setup demands attention:
We’ve just seen a clear shift in market structure on the daily timeframe, breaking previous lower highs with strong bullish conviction. This isn’t just random price action — it’s a textbook change of trend.
What makes this even more compelling?
Volume is confirming the move, showing real interest and momentum behind the breakout. When you pair that with the current positioning of late shorts, the setup screams short squeeze potential.
Where’s the edge for smart entries?
We’ve mapped out a Fibonacci retracement from the most recent impulsive move — and the discount zone (below the 50% level) is our area of interest. That’s where institutions typically reload — not where retail chases.
Plan:
Wait for price to pull back into the discount zone, look for signs of demand (bullish order blocks, engulfing patterns, etc.), and then position for a swing move targeting recent highs and possible breakout continuation.
This isn't hopium — it's structure, volume, and timing aligning.
Patience pays. FOMO fades.
Are you watching SUI patiently — or chasing after it emotionally?