Most people see SUI rising and just rush in; I do the opposite and reduced my position.
I don’t bet on only one direction—high-sell and low-buy for SUI is the most stable approach.
I’ve seen this move many times. During the range-bound phase, I don’t guess the direction—I wait for signals.
SUI is stuck in the 0.8051~0.8338 range. Current price is 0.8085, and RSI is 45.4. In this kind of chop, I don’t bet on a single direction. I’ll only go long if it breaks above 0.8338; if it breaks below 0.8051, I’ll exit directly. I don’t make moves in between.
Newcomers, remember this: RSI being overbought doesn’t automatically mean a drop is immediately coming, but the chance of getting wickedly stopped by chasing highs is high. The real money is made by waiting for buy points within your plan—not by chasing emotions.
The above is my personal pre-trade thought process and does not constitute advice. You’re responsible for your own profits or losses, and you should follow your own plan.
When the market is at its worst, it’s often when opportunities are brewing.
#SUI #BTC
I don’t bet on only one direction—high-sell and low-buy for SUI is the most stable approach.
I’ve seen this move many times. During the range-bound phase, I don’t guess the direction—I wait for signals.
SUI is stuck in the 0.8051~0.8338 range. Current price is 0.8085, and RSI is 45.4. In this kind of chop, I don’t bet on a single direction. I’ll only go long if it breaks above 0.8338; if it breaks below 0.8051, I’ll exit directly. I don’t make moves in between.
Newcomers, remember this: RSI being overbought doesn’t automatically mean a drop is immediately coming, but the chance of getting wickedly stopped by chasing highs is high. The real money is made by waiting for buy points within your plan—not by chasing emotions.
The above is my personal pre-trade thought process and does not constitute advice. You’re responsible for your own profits or losses, and you should follow your own plan.
When the market is at its worst, it’s often when opportunities are brewing.
#SUI #BTC
