đ¨ SUI's Pump Above $2.3 â Time to Stay Cautious! â ď¸đ
While SUI's recent surge above $2.3 has everyone feeling super bullish, we need to pump the brakes a bit. Markets rarely move in a straight line đ, and when everyone expects prices to keep rising, that's often when we should be on high alert. Here's why:
Key Support Zones:
Main Local Support: $2.01
Strong Support Zone: $1.5 â $1.8
Right now, Iâm bearish on SUI for the short term, expecting sideways momentum or a potential pullback. When traders get too optimistic, the market loves to catch them off guard with unexpected moves. đ¨
What to Watch:
If SUI dips below $2.01, it could quickly test the $1.5 â $1.8 support zone.
Expect sideways trading or a pullback before any big upward move.
Stay cautious and manage your positions accordingly. This may not be the time to jump in just yet! đĄ
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