The ETH strategy we discussed earlier has paid off nicely this time—those who kept up with the trend should have felt it. Accumulating positions and handing out entry opportunities are two different things. Don’t let this little rebound in the market throw you off; $SUI looks more like an opportunity for bears to enter right now. Take a look at the four-hour chart: the price has repeatedly failed to hold above the descending trendline. Each rally has fizzled out, and volume hasn’t followed through, showing that selling pressure overhead is very real.
We trade with the trend. With this kind of repeatedly rejected price action, a rebound into the resistance zone is a chance to consider going short. You can scale in around the levels below, and just keep your stop-loss above the structural high. Until the market reverses, don’t rush to call the bottom—following the structure is the steadier approach.
🔴 Trade direction: Short
📍 Entry range: 1.0101 – 0.9801
🛑 Stop-loss: 1.0702
🎯 Take profit 1: 0.9601
🎯 Take profit 2: 0.9301
🎯 Take profit 3: 0.9001
🎯 Take profit 4: 0.8501
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#SUI
Tap below to trade 👇
We trade with the trend. With this kind of repeatedly rejected price action, a rebound into the resistance zone is a chance to consider going short. You can scale in around the levels below, and just keep your stop-loss above the structural high. Until the market reverses, don’t rush to call the bottom—following the structure is the steadier approach.
🔴 Trade direction: Short
📍 Entry range: 1.0101 – 0.9801
🛑 Stop-loss: 1.0702
🎯 Take profit 1: 0.9601
🎯 Take profit 2: 0.9301
🎯 Take profit 3: 0.9001
🎯 Take profit 4: 0.8501
There’s no need to chase the wind; it will come to rest in its own time.
Stand alongside Sister Li, and let every moment leave an echo.
#SUI
Tap below to trade 👇