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Now looking at $SUI , the price is roughly around 0.9333 USDT. Here, do you think it should keep grinding higher, or it’s about time to pull back a bit?
$SUI If I were to give the conclusion first, I’d lean more toward: pull back first and then look for a direction.
This is how I see it:
First, the active buy side isn’t firm enough—there still isn’t that last bit of push to break upward.
Second, the price is already close to the resistance zone, so the upside room and the risk-reward ratio are both just average.
One more thing to add: add only to profits, not to losses; test position 20%, main position 50%, and accelerated position 30%.
A more comfortable entry level: 0.9408 USDT
First take-profit level to watch: 0.8848 USDT
The spot you should exit if it goes wrong: 0.9632 USDT
But the biggest risk at this level is a sudden sell-off followed by an immediate rebound.
If you were doing this trade, would you go in first, then watch for a bit longer, or just not touch it at all?