SUI/USDT is showing significant strength, with a confirmed breakout. However, I would not recommend entering at the current moment. As visible on the chart, there is a notable Fair value Gap. The price is expected to retrace to this zone, which will serve as our entry point. We will wait for the price to reach this level for entry; otherwise, we should ignore it.
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.