Shanzhai Coin Perspective:
$SUI The deepest pullback to the line of 2.87 dollars, with a noticeable increase in buying volume, basically confirming it as a phase bottom, and the washout is nearing its end. The overall trend has not shown a strong bearish candle to the downside, indicating that the decline is limited; the current situation is of a "virtual drop" nature, and the main force still has intentions to control the market.
On the other hand, $PEPE dropped from 1.6 to 1.0, a pullback of over 30%. To regain lost ground, it needs to rise over 60%. It is currently close to the psychological support level of 0.98, and further probing downwards is of little significance. The project party is also inclined to maintain the early gains and avoid reverting to the starting point. Currently, the path of least resistance remains upward, and the focus in the future will be on rebound opportunities.
