Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The afternoon trend of SUI is a mystery: breakthrough or pullback? How should retail investors handle this?



Why did the good news not lead to a price increase? Be careful of the "expectation realization" trap.

News came in at noon that SUI collaborated with the institution SUIG to launch a financial product with 2 million SUI. Logically, such solid good news should cause a surge, but the coin price remained unmoved. This kind of situation is common - often, clear information has already been preemptively absorbed by smart money, and when retail investors rush in, they might just be providing an exit for others.

The market signals are conflicting; what are both sides waiting for?

Looking at the 1-hour chart, SUI appears to be rising, but the details are not quite right. The price is stuck at 2.0908, caught in a dilemma, with the MACD about to form a death cross above the zero line, and the RSI just over 40. This combination feels like stepping on the gas while in neutral—there's not enough power. The upper resistance is at 2.1360, while the lower support is at 1.8060. Now the trading volume is shrinking, which means everyone is on the sidelines, and no one dares to take the first move.

What should retail investors do now? Remember the two "life and death numbers".

Don't rush to go all in or cash out, first keep a close eye on these two positions:
- Break through 2.1360 and hold steady, you can follow up with a small position, targeting around 2.20.
- Be cautious if it breaks below 2.0908, the next stop may be heading straight for 1.8060.

Never rely on your feelings to guess the top or bottom; let the key levels make the decision for you.

Is a volatile market actually an opportunity? Let's understand grid trading.

In the current situation of being caught between a rock and a hard place, the grid strategy is most suitable for taking advantage of volatility. Specific operation: Place staggered buy orders in the range of 2.00 to 2.13, add a little to the position every time it drops by 3%, and automatically sell to make a profit when it rebounds. This way, regardless of whether it rises or falls, you can still make a small gain, which is especially suitable for the contradictory market conditions of "hot news, cold market."

The biggest enemy of retail investors is not the big players, but their own mindset.

Today's movement of SUI is actually testing you: do you trust the technical aspects or the news? My opinion is straightforward – in the short term, there may still be fluctuations or even a pullback, but institutional cooperation is a long-term positive, and only after the market is washed out will there be a real trend. If you are panicking now, it indicates that your position is definitely heavy.

Remember these points: Keep your bullets ready, dare to add positions when it drops to 1.80, and don't chase high when it breaks 2.13. What retail investors need to do is to patiently wait for opportunities and act quickly and decisively.
SUI-5.3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
MoonWaterDropletsvip
· 12h ago
Are you fantasizing about breaking through the sky again? Last time you got trapped and still haven't learned your lesson.
View OriginalReply0
BearMarketBuyervip
· 12h ago
Who says institutional cooperation must lead to a rise? Everyone's spoiled.
View OriginalReply0
MeaninglessApevip
· 12h ago
Uh, I was trapped by the institution again, right?
View OriginalReply0
GasFeeCrybabyvip
· 12h ago
Don't get carried away, if you're really panicking, set a stop loss first.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)