$SUI: high probability bottom around $0.56

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$SUI: high probability bottom around $0.56SUI / TetherUSBINANCE:SUIUSDTCryptoNikkoidSUI on the 1W timeframe shows a clear bottom around $0.56. If price breaks and accepts below this level, the structure is invalidated and it’s better to move on to another coin. However, I expect a strong reaction and potential reversal from this zone. Explanation: The **10/10/2025 crash on Binance effectively wiped out most of the liquidity. This type of capitulation event helps define a true bottom, as weak hands are flushed and remaining supply is concentrated among insiders and VCs. If price falls below that level, it signals a serious loss of structural support and weak long-term confidence. Market makers typically defend these key liquidity zones, so holding this level would confirm strength. Losing it would invalidate the thesis. DYOR