- Sui is sitting on the hot chair prisoner in a tug of war with high deployment between bulls and bears
- Holders under water are now back in wins and heads run over the market.
If there is one coin where bulls and bears throw bumps for control, it is sui [SUI]. And can you blame them? A fiery 63% weekly rally just pushed Sui into the high cap zone. In short, the underwater holders turned into enthusiastic sellers.
Don’t be fooled. According to Ambcrypto, this is not just a “hype” of flash-in-the-pan.
The basic principles of Sui have been in charge, with explosive growth in accounts, stablecoin inflow and total value locked [TVL]. All these findings hinted at Echt Momentum below the surface.
Now that the Crypto has shattered its resistance of $ 3.50, investors are engaged in adjusting their portfolios. Especially because the fear of a pullback is heavily.
So, with bulls and bears that drive it out, will the conviction remain strong during this battle?
When the momentum fades, the reality begins
Fast cruise about the price strip – Sui, at the time of the press, cruted at $ 3.53, which marked a sharp decrease of 8.74% from his peak of $ 3.87 only a day ago.
And let’s really be – that kind of drop after a hot streak can let traders scrape to the outputs.
In the meantime, the RSI seemed to hiss above 80, in fact screaming ‘cooked’. For everyone who looks at the graphs, that is usually the point where a cooling or plot turn sneaks in.
Source: TradingView (SUI/USDT)
And yet Sui’s trade volume actually raised by 8.74%and hit $ 1.85 billion. The Dex (Decentralized Exchange) also jumped from $ 338 million to a hot $ 437.6 million.
So, while the price promotion may cool, the crowd is still piling up. That is where the statistics in the chains come into play in the game, will be a link in the coming days.
As the momentum starts to run, this one, this one Fundamentals Can be the reality check that everyone is waiting for.
For now, the bulls hold strong, with SUI sucking both technical heat and psychological pressure as a professional.
Looking at sui at clarity
To find out where Sui stands in this tug of war with high bet, Ambcrypto took a look in the 4-hour graph. We discovered that the RSI is starting to go south.
Translation? The heat cools and the bears smell an opening.
In the meantime, holders are stuck in those age-old crypto-wounding Hodl and Hope, or do they cash off while things are going well?
And the cracks are already displayed. Open interest (OI) just slid with a good 9.67% – a red flag that is leverage, relaxed quickly. Sales liquidity? It’s on both warming up Spot and futures fronts.
In short, your patience is about to make a real stress test. In the coming days, the line will draw between diamond hands and panic sellers.
For now the bulls still have some biting, but the bet is rising rapidly.
Credit : ambcrypto.com
