$SUI /USDT – Smart Money Accumulating
SUI down only 2.37% to 0.6871, with total liquidations at 240K – mostly shorts (170K) being squeezed. Longs are light at 70K. The price is holding above the 0.6736 low, and the 0.687 level has seen repeated buying. Open interest is rising, funding rate positive – signs of accumulation. The 0.7052 high is the first hurdle. A break above that could trigger a short squeeze. However, the long-term downtrend (82% from ATH) still weighs. Next move: consolidation between 0.67 and 0.70, then breakout. Targets: TP1 0.71, TP2 0.73, TP3 0.74. Pro tip: Enter long near 0.68 with a stop at 0.665. Scale in on a close above 0.695. Keep position size small.
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