đ After a strong April, $SUI has cooled off â down 8.8% since May 2. But donât panic đ
On April 23, SUI flipped a key structure at $2.78 đ signaling bullish strength. This was in sync with $BTCâs rally to $93K â but since then, BTC got rejected at $97K and dragged SUI with it.
Still, the bigger picture isnât bearish just yet. The Chaikin Money Flow (CMF) is > +0.05 â moneyâs flowing in đ°. The MFI shows bulls still have some fuel left and no bearish divergence on the 1D so far. đ
đ§ Key zones to watch:
$3.14 & $3.00 â high liquidity zones đ§Č
$2.75 & $2.45 â possible dip targets if BTC keeps bleeding
$3.90 â bull target in case of a reversal đ
đ Donât FOMO in. A dip toward $3 might be a golden re-entry, but keep one eye on Bitcoinâs mood swings. If BTC stabilizes, SUI could bounce back strong.
This is a traderâs market right now â quick reactions > long-term holding. Stay sharp. đ§