🚀 SUI Analysis: Potential Pullback 🚀
➡️ SUI has been showing strong momentum, but with recent money flow trends, we might see a healthy pullback to the Point of Control (POC) before the next leg up!
🔍Key Observations:
- Money Flow Indicators suggest some profit-taking, which could lead to a short-term retracement.
- The POC zone (where the highest volume traded) acts as a strong support level and 0.786 Fibonacci level.
- A pullback to this area could provide a great entry for those waiting for a better risk-reward setup.
📉 Potential Scenario:
- If SUI retests the POC and holds, it could confirm strong demand and set the stage for another bullish wave.
- Keep an eye on key support levels and volume confirmation!
❔️What’s your take? Are you waiting for a dip or already in?
