🚨 Another catastrophic mistake made by 90% of traders: they confuse a project’s strength with the right time to buy!
I’m still one of the biggest supporters of SUI and NEAR, and I believe in their investment potential. But believing in a project doesn’t mean buying randomly during a downturn! Whales exploit your enthusiasm to dump their holdings in the short term and tie up your money. Look at the chart now:
🔴 Falling for the dip (SUI timing):
The SUI project is very strong, but rushing to buy it at $0.91 just because it fell from a high of $1.29 is technically risky right now. The coin has fallen below its short-term moving averages and is heading to test its strongest support at $0.85. Wait for it to stabilize there so you can buy near the true bottom, not halfway down!
🔴 NEAR timing:
Buying NEAR now at $4.40 just because you’ve heard positive news about whales is premature. The project is excellent, but the coin is going through a normal, healthy correction, especially as Ethereum wavers around $2,300 and puts pressure on the market. Wait for a confirmed rebound to buy safely.
🟢 (Model $QNT ):
A smart trader learns how to seize momentum; a coin like QNT is now holding steady above $198 and targeting $217 because it is resisting the current downturn.
I’m in the trenches with you on SUI and NEAR for the long term, but I’m warning you against rushing in now before the technical storm calms and the coins hold above their support levels.
Question for you: Do you prefer buying gradually (DCA) during a downturn, or waiting for the price to stabilize?
#Near #sui #QNT