Brothers who just started trading $SUI , if you see the price break through resistance, don’t rush to chase—it’s easy to get “swept stops” by the big players. 😅 A common mistake.
Explanation: Breaking through a steel door needs a lot of force, right? 🧑🏫 Turn it on so lightly, and 80% of the time it’s a fake break. Trading is the same—when price breaks above resistance but the volume doesn’t increase strongly, that’s the trick of “fake break” hunting for stop-losses. 💡
On the chart $SUI , look here: currently $SUI $1.0197, RSI 81.1 (overbought). 👀 In the recent pump, price broke the resistance and the green volume is soaring high. That’s a “reputable” resistance break with volume confirmation. Price is still above the main MA, and the uptrend structure looks healthy—but when RSI is high, be alert for a pullback.
Apply immediately: When you see a resistance break, check the volume first. If it’s weak, ignore it—don’t end up getting swept stop-loss by accident. ✍️
Closing: Guys, where do you think $SUI will correct to so we can “pick up spots”? Comment and I’ll discuss more!
#Write2Earn #BinanceSquare #BinanceFutures
(DYOR, your money is your decision)
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🌐 EN: SUIUSD has broken key resistances with strong volume, confirming a valid uptrend. However, with RSI at 81.1, caution is advised for a potential correction.
Explanation: Breaking through a steel door needs a lot of force, right? 🧑🏫 Turn it on so lightly, and 80% of the time it’s a fake break. Trading is the same—when price breaks above resistance but the volume doesn’t increase strongly, that’s the trick of “fake break” hunting for stop-losses. 💡
On the chart $SUI , look here: currently $SUI $1.0197, RSI 81.1 (overbought). 👀 In the recent pump, price broke the resistance and the green volume is soaring high. That’s a “reputable” resistance break with volume confirmation. Price is still above the main MA, and the uptrend structure looks healthy—but when RSI is high, be alert for a pullback.
Apply immediately: When you see a resistance break, check the volume first. If it’s weak, ignore it—don’t end up getting swept stop-loss by accident. ✍️
Closing: Guys, where do you think $SUI will correct to so we can “pick up spots”? Comment and I’ll discuss more!
#Write2Earn #BinanceSquare #BinanceFutures
(DYOR, your money is your decision)
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🌐 EN: SUIUSD has broken key resistances with strong volume, confirming a valid uptrend. However, with RSI at 81.1, caution is advised for a potential correction.
