The market shows no signs of recovery—be cautious about going long 🔥
Don’t trade against the trend. $SUI has broken below a key support level, and the retest was weak. There’s still room to enter a short position. Set a conservative take-profit at 0.96, or aim for 0.935 if you’re more aggressive. Place your stop-loss at 1.09.
The broader market remains unclear, and we’re still waiting for tonight’s data. Always set your take-profit and stop-loss orders when trading to protect your profits from being wiped out and avoid liquidation. Cut losses promptly, and re-enter once the market direction is clear. #EtherTook60%OfCryptoLiquidations
Don’t trade against the trend. $SUI has broken below a key support level, and the retest was weak. There’s still room to enter a short position. Set a conservative take-profit at 0.96, or aim for 0.935 if you’re more aggressive. Place your stop-loss at 1.09.
The broader market remains unclear, and we’re still waiting for tonight’s data. Always set your take-profit and stop-loss orders when trading to protect your profits from being wiped out and avoid liquidation. Cut losses promptly, and re-enter once the market direction is clear. #EtherTook60%OfCryptoLiquidations