Lennaert Snyder|Sep 02, 2026 11:03
SUI hit our long-target from last week and is now consolidating around mid-range.
We caught a nice 7% move from mid-range to range-high, profits taken at the high.
As Bitcoin had its bearish reaction after the hawkish news, altcoins also pulled back.
I'm watching liquid alts like SUI closely on these pullbacks because they could give solid buy/long opportunities.
Best case BTC wicks down and SUI gives a chance to re-enter at the 0.67 range-low region which is also the VAL of the HTF range.
If we visit that region again and buyers get the chance to re-accumulate, I'm scaling longs.
If we reclaim mid-range from here we could catch the move to the range-high again.
Overall good conditions for altcoins, especially if BTC keeps pushing and consolidating.(Lennaert Snyder)
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