The 
SUIUSDT.P futures market is really heating up, as big exchange buyers at Binance, OKX, Coinbase and others regain momentum. Sui continues to be under-priced at the moment, but market sentiment has been very mixed, with TA showing both rising up-channel, as well as "death cross" crash potential. The current trend reversal may signal that momentum is on the taker side as investors gain interest seeing numbers, who may not have been active in Sui market have decided to get a piece of the action.
At this time 03:40 UTC I see futures market volume on the level of 500-600% or greater, above CEX spot market volumes. For example, Coinbase volume jumped from 4 to 6.77M in the last 60 minutes, while MEXC perpetuals have exploded from 36m to 59-60M in the last 45 minutes. All this is a good indicator especially considering we are outside normal workday hours. Perhaps traders around the world are taking notice of Sui as market volume increases.
Watch those volume levels closely for signs of reversal at major exchanges - BinanceSUIUSD Coinbase SUIUSD OKX SUIUSD and other high volume markets - BB Squeeze indicator is quite effective here for the perceptive trader.
Stay tuned habibi
SUIUSDT.P futures market is really heating up, as big exchange buyers at Binance, OKX, Coinbase and others regain momentum. Sui continues to be under-priced at the moment, but market sentiment has been very mixed, with TA showing both rising up-channel, as well as "death cross" crash potential. The current trend reversal may signal that momentum is on the taker side as investors gain interest seeing numbers, who may not have been active in Sui market have decided to get a piece of the action. At this time 03:40 UTC I see futures market volume on the level of 500-600% or greater, above CEX spot market volumes. For example, Coinbase volume jumped from 4 to 6.77M in the last 60 minutes, while MEXC perpetuals have exploded from 36m to 59-60M in the last 45 minutes. All this is a good indicator especially considering we are outside normal workday hours. Perhaps traders around the world are taking notice of Sui as market volume increases.
Watch those volume levels closely for signs of reversal at major exchanges - Binance
SUIUSD Coinbase SUIUSD OKX SUIUSD and other high volume markets - BB Squeeze indicator is quite effective here for the perceptive trader.Stay tuned habibi
Note
Volume continues to grow as we see a slight backing off in price level. MEXC futures showing vol > 101M
Coinbase spot showing vol >11.44M in the range of +200% increase in last 2hr
Binance SUI-USDT around >17M vol
Any opinion, analysis, or other information contained in these posts and reports is provided as general commentary on the market and for educational purposes only. Past performance does not guarantee future performance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Any opinion, analysis, or other information contained in these posts and reports is provided as general commentary on the market and for educational purposes only. Past performance does not guarantee future performance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.