Is this pullback a trap or an opportunity? The market action for $SUI is already giving us the answer. After the sharp drop, the price didn’t continue weakening. Instead, it held steady near support, while trading volume eased day by day—suggesting that most of the panic selling is over.
When we see this kind of decline in volume as prices stabilize, it’s often a sign that buyers are regaining the initiative. I’m inclined to follow the recovery and position for a long trade. If a retest confirms that support is holding, stay in the trade and look to scale out at resistance levels above. Don’t chase the price—timing matters more than direction.
🟢 Trade direction: Long
📍 Entry range: 0.8497 – 0.8617
🛑 Stop loss: 0.8277
🎯 Take profit 1: 0.8797
🎯 Take profit 2: 0.8947
🎯 Take profit 3: 0.9067
🎯 Take profit 4: 0.9247
There’s no need to chase the next big thing; it will come to you in time.
Stand alongside Sister Li, and let every moment leave its mark.
#SUI
Click below to trade 👇
When we see this kind of decline in volume as prices stabilize, it’s often a sign that buyers are regaining the initiative. I’m inclined to follow the recovery and position for a long trade. If a retest confirms that support is holding, stay in the trade and look to scale out at resistance levels above. Don’t chase the price—timing matters more than direction.
🟢 Trade direction: Long
📍 Entry range: 0.8497 – 0.8617
🛑 Stop loss: 0.8277
🎯 Take profit 1: 0.8797
🎯 Take profit 2: 0.8947
🎯 Take profit 3: 0.9067
🎯 Take profit 4: 0.9247
There’s no need to chase the next big thing; it will come to you in time.
Stand alongside Sister Li, and let every moment leave its mark.
#SUI
Click below to trade 👇