Has the SUI callback arrived?
For spot, this position to connect—there’s no good value.
I think it hasn’t yet. This is still wave 1-2-1. Right now, the hourly chart level has stabilized, and the main force will most likely pull back and then go up to lure longs, forming a second top, while continuing to release downside pressure from spot.
These past few days, if the pullback upward hasn’t been accompanied by sustained volume, then all we can say is that wave 1 is already finished, and we’ll see whether it retraces into the dense zone at 0.8–1.
Continue to be patient and wait.
October! The most brutal season for shanzhai. Gamble for a quick win! Work less for three years.
$SUI
For spot, this position to connect—there’s no good value.
I think it hasn’t yet. This is still wave 1-2-1. Right now, the hourly chart level has stabilized, and the main force will most likely pull back and then go up to lure longs, forming a second top, while continuing to release downside pressure from spot.
These past few days, if the pullback upward hasn’t been accompanied by sustained volume, then all we can say is that wave 1 is already finished, and we’ll see whether it retraces into the dense zone at 0.8–1.
Continue to be patient and wait.
October! The most brutal season for shanzhai. Gamble for a quick win! Work less for three years.
$SUI
