Everyone keeps saying this is just a continuation of the bullish trend 👀 I don't think so.
The market has already pumped a lot, and price looks strong here, but look at what's still left on the chart: there's liquidity sitting below that hasn't been taken yet. Price tends to go and clear that liquidity first, and only after that can we see what the market really wants to do. Calling this a clean continuation from this area is too early for me.
That's why I have two short trades 👇🏻
$SOL SHORT
SL: $98.4
TP: $93.5 – $91.0
$SUI SHORT
SL: $0.955
TP: $0.890 – $0.860
If price sweeps the downside liquidity and then holds strong, I'll change my view without any problem. Keep your size small and use a proper stop on both 🙏
The market has already pumped a lot, and price looks strong here, but look at what's still left on the chart: there's liquidity sitting below that hasn't been taken yet. Price tends to go and clear that liquidity first, and only after that can we see what the market really wants to do. Calling this a clean continuation from this area is too early for me.
That's why I have two short trades 👇🏻
$SOL SHORT
SL: $98.4
TP: $93.5 – $91.0
$SUI SHORT
SL: $0.955
TP: $0.890 – $0.860
If price sweeps the downside liquidity and then holds strong, I'll change my view without any problem. Keep your size small and use a proper stop on both 🙏
