X @Michaël van de Poppe
Michaël van de Poppe·2026-05-12 13:07
Markets tend to break up in a violent move, and then it stalls for a little bit, so the markets can get back to the new normal.This is what $SUI is doing.It broke upwards massively, strong move, and now it's consolidating.Doesn't mean that we'll need to get all the way back down, it's more likely that price will be closing the gap upwards.To me, it sounds like we're seeing a continuation coming period all the way towards the $1.75 level. ...