$SUI I am optimistic (Bullish Scalp)
The whales have started buying strongly at this low; do not miss the upcoming rebound opportunity.
Trading plan (Scalp Long):
Entry area: $0.9250 to $0.9350 (current price)
Profit targets: $0.9600, $0.9800, and $1.00
Stop loss: $0.8900
Risk management and your own research is required (DYOR).
Logical and reliable analysis:
I am closely monitoring the flow of funds, and what is happening now is interesting. In just the last 30 minutes, 100 whales entered to buy with a net liquidity injection exceeding $1.03 million, while selling pressure has been very weak. This indicates that the whales see that the price of $0.93 is an excellent "accumulation" area. Additionally, the bears (Shorts) currently control unrealized profits exceeding $18 million; logically, they will start taking these profits soon by buying, which will create buying pressure pushing the price towards at least $0.98. I see the risk here justified against the expected return.
Do you expect the price to break the $1 barrier soon, or will we see another drop? Share your thoughts in the comments.