$SUIUSDT
Old K’s Perspective: SUI’s weakness hasn’t stopped—if it breaks below support, it’s time to sell hard.
Right now at 0.6438, 24h -4.78%, 1h is still sliding at -0.60%, and 4h -0.74%. The structure has already flipped bearish. This dealer washout has been very clean—there’s no support being propped up.
My plan:
- Trigger: 1h breaks below 0.639
- Invalidate: If 1h reclaims above 0.6531, don’t look for shorts
Resistance at 0.6531—if it doesn’t break, then the bears are in control. Chasing a “red candle to catch the knife” is what retail traders love most. This big red bearish candle today is a warning. If there’s no signal, don’t move. At this level, do you dare to catch it?
#加密貨幣 #SUI
Old K’s Perspective: SUI’s weakness hasn’t stopped—if it breaks below support, it’s time to sell hard.
Right now at 0.6438, 24h -4.78%, 1h is still sliding at -0.60%, and 4h -0.74%. The structure has already flipped bearish. This dealer washout has been very clean—there’s no support being propped up.
My plan:
- Trigger: 1h breaks below 0.639
- Invalidate: If 1h reclaims above 0.6531, don’t look for shorts
Resistance at 0.6531—if it doesn’t break, then the bears are in control. Chasing a “red candle to catch the knife” is what retail traders love most. This big red bearish candle today is a warning. If there’s no signal, don’t move. At this level, do you dare to catch it?
#加密貨幣 #SUI