📊 SUIUSDT – Bearish Divergence but Bulls Still in Control!
On the daily timeframe, SUI is showing a bearish RSI divergence—and it’s respecting it so far. 📉 But according to Dow Theory, the bullish trend is still intact.
Key level to watch: $4.4823 (previous Higher High).
✅ A breakout above this level could send SUI straight to $5… and possibly challenge its All-Time High! 🚀
Trend: Bullish unless $4.4823 fails to break. RSI: Bearish Divergence – caution in the short term.
In the crypto world, one golden rule never changes: limited supply creates value. Just like gold, a capped number of coins means no endless printing, no silent inflation eating away your holdings.
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For the first time since Dec 17, ETH has smashed through the $4K mark, now trading at $4,003.76 (+3.89%). This isn’t just a number—it’s a psychological barrier shattered, signaling renewed bullish sentiment.
🔥 What’s fueling the rally? - Anticipation of the Dencun upgrade to slash gas fees & boost scalability - Growing DeFi & NFT activity on Ethereum - Buzz over a possible Spot ETH ETF - Overall crypto market recovery
Ethereum’s surge is more than a win for ETH holders—it’s a confidence boost for the entire crypto market. 📈
🚀 OM/USDT is up ~7% today, trading near $0.2731 on strong volume and a breakout from the $0.2458 swing low on Binance feed.
📈 Technical setups show buyers defending the 99‑MA (~$0.2580), with breakout targets at $0.29, $0.305, and $0.32 if momentum holds
❗No confirmed insider news—yet its rebound follows buildup after earlier large whale liquidations, and speculation on Cardano‑linked platform growth remains.
💡 Tip: watch volume + candle close above $0.2800 to ride the move, or scale in around $0.264–$0.273, using tight stops if support fails.