$SUI is doing something worth noting: OI up 1.4% while price only adds 0.7%. Positioning is building faster than price, and funding is still slightly negative, shorts are paying longs. That's early-stage. Volume at 0.94x average is the missing piece. The OI move hasn't been matched by traded volume yet, so I'd treat it as a lean. Entry 1.021 / T1 1.040 / T2 1.059 / Invalidation 1.002. The 1R to 2R structure is clean. If volume catches up above 1.5x, the setup earns more trust.
Peter -CTShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.