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Wait, did everyone just look away for a second?
$SUI was looking like a beast on that climb up to 2.02, but that last hourly candle is a nasty reality check. We just wiped out hours of gains in a single move.
The price is hovering at 1.85 right now and honestly, it looks heavy. We’re sitting right on a local support level, but if the volume keeps pushing red like this, we might be hunting for liquidity back down near the 1.72 range.
I’m watching the order book closely. Sellers are definitely in the driver's seat at the moment. I’d wait for a solid bounce or some stabilization before even thinking about along here.
Stay sharp, the volatility is definitely back.
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