Sui cool off then 5$
2024-11-24

SUI has been on a tear lately and I have started to add to the position simply due to its general momentum and strength related to BTC. I would love to see a cool off here as the BBWP has fired red multiple times and the weekly stochastic has been very high for a while. A week or two consolidation above 3.2 would be very bullish before a rip to 5$. This would allow the 5 EMA to catch up to current price and reset volatility/momentum indicators. I firmly expect to see 11-12$ next year. 