The liquidation heatmap of the past month showed a deep cluster of liquidity at $4 that could attract SUI prices.has been trending higher in the 1-day timeframe. The pullbacks it saw on the way, such as the one toward the end of October, were not particularly deep.The market structure on the daily chart is still bullish. The two recent higher lows were set at $2.82 and later at $2.97. Hence, a daily session close below $2.
This range extended from $3.1 to $3.94, with the mid-point at $3.52. The mid-point had been resistance in the past few days but was breached, and the bulls targeted the range highs and a new all-time high.
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