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🐋 WHALE WATCH: $SUI is providing a masterclass in market structure right now.
We’ve retraced from the $5.00 resistance all the way back to the foundation. Look at the chart—we are approaching the same level that fueled the 2024 rally.
Two scenarios:
1. Clean bounce and trend reversal (Green path).
2. Loss of support leads to a "max pain" scenario (Redpath).
Position accordingly. Fortune favors the disciplined.