SUI DAILY

Feb 3

First retest of the 1D 200 EMA since September '24, and a fill of the FVG area. A very strong reaction off that level but the overall trend of Lower Highs and Lower Lows signals a bearish trend.

For that reason a golden pocket rejection could be the play if price reacts off that level, SUI would then target a move to fill the wick if breaking it can break under the 1D 200 EMA.

I would look to go long if the Lower High is taken out and 1D 200 EMA is confirmed as support.

Feb 4

Note

Golden pocket rejection confirmed.

Looking at support areas between $3-3.10

Feb 6

Note

Closing in on the 1D 200 EMA target for a 16.5% move from the golden pocket rejection.

Feb 6

Trade closed: target reached

1D 200 EMA hit after golden pocket rejection.

Looking for support at this area as BTC is testing weekly low support at the same time.

Feb 10

Note

Is the 1D 200 EMA strong support for SUI as BTC looks to regain some strength?

Feb 11

Note

Great reaction off the 1D 200 EMA, up +18% from entry.