As you saw in the previous post, our trio this week locally dipped into the red zone. For hamsters, it’s panic; for traders, it’s time to set up buckets.
Let’s break down how to technically handle this correction right now:
🔴 SUI — The coin corrected after a powerful month-long rally. On October 1, the scheduled token unlock took place, creating a bit of selling pressure. A major event is coming up: the Sui Basecamp in Singapore (October 7–8).
Plan: Don’t short. Look for the reversal point on the H1 timeframe and carefully buy in long on a bounce from the support zone.
TAO292.5-3.52%
🔴 TAO (Bittensor) — The AI sector (AI) is in chaos; the asset is very volatile. A drawdown is a classic shakeout of long holders before a new impulse.
Plan: The coin is expensive, so enter only with a reduced size. Wait for a breakout and consolidation above the key resistance to confirm the reversal.
LINK13.81-3.97%
🔴 LINK — The heaviest asset in the list. It falls slowly, grows conservatively.
Plan: For futures, it’s not interesting right now — it will consume a lot of margin at a low rate of price movement. We’re keeping it for the spot portfolio.
📊 Summary: Don’t panic. The market is offering discounts ahead of next week. Right now I’m on the fence, waiting for the perfect SUI long setup.
Enable notifications if there’s a clear entry signal — I’ll pump it into the channel. 🔥