SUI is currently at a high level, with short-term bearish signals being quite evident. Consider phased short positions.
Entry strategy: Look for short opportunities in the 1.5600-1.5800 range, which is a recent resistance level. Once a confirmed break below this level occurs, the risk-reward ratio becomes relatively favorable.
Target setting adopts a phased take-profit plan: the first target is around 1.5400. After reaching this point, it is recommended to reduce some positions to lock in profits while maintaining the remaining positions for further follow-up; the second target is set at 1.5200, which is a stronger technical support, aiming for greater profit potential.
Risk management is the most critical. Once the price breaks above the key resistance (above 1.5900), stop-loss should be executed immediately without any hope of luck. Stop-losses must be strictly enforced, as they are the bottom line for protecting capital. Cryptocurrency markets are highly volatile, and controlling risk is always better than pursuing maximum returns.
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tokenomics_truther
· 9h ago
Sui, you really need to be careful this time. High positions are indeed risky. I will still wait for a pullback before making a move.
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LayerHopper
· 10h ago
There are indeed shorting opportunities, but is the 1.5900 level really unbreakable? I have a feeling it might be swept this time.
SUI is currently at a high level, with short-term bearish signals being quite evident. Consider phased short positions.
Entry strategy: Look for short opportunities in the 1.5600-1.5800 range, which is a recent resistance level. Once a confirmed break below this level occurs, the risk-reward ratio becomes relatively favorable.
Target setting adopts a phased take-profit plan: the first target is around 1.5400. After reaching this point, it is recommended to reduce some positions to lock in profits while maintaining the remaining positions for further follow-up; the second target is set at 1.5200, which is a stronger technical support, aiming for greater profit potential.
Risk management is the most critical. Once the price breaks above the key resistance (above 1.5900), stop-loss should be executed immediately without any hope of luck. Stop-losses must be strictly enforced, as they are the bottom line for protecting capital. Cryptocurrency markets are highly volatile, and controlling risk is always better than pursuing maximum returns.