Traders, stay sharp on $SUI today — it’s a critical day for price action, and patience will be your best ally.
Currently, the $SUI price is hovering near the Choch (Change of Character) line, a key level that could determine the next big move. Here’s what you need to watch for:
🔻 If the Price Breaks and Closes Below the Choch Line…
This would be a bearish signal, suggesting downward momentum is likely to continue. A confirmed break and close below this level increases the probability of a further drop, and traders should proceed with caution.
🔄 If It Breaks the Line
Without
Closing Below…
Don’t jump the gun! If $SUI dips below the Choch line but fails to close below it, we may still be in a bullish setup. In this scenario, it’s smart to wait for confirmation on lower time frames. Look for a new Choch or bullish structure to form before considering a long position.
🧠 Strategy Tip:
Avoid emotional trades.
Let the market confirm direction.
Be patient and reactive, not impulsive.
Bottom Line:
Today’s movement around the Choch line could set the tone for SUI’s short-term trend. Whether it’s a breakdown or a fakeout, let the price action tell the story. Stay alert, stay smart, and let confirmation guide your entries.
