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Good afternoon everyone. Currently $SUI coin is approaching the support level for a second retest on the 1-hour timeframe. This level is extremely critical. If it breaks, the 1-hour timeframe will then shift into a bearish trend.
The current situation is that it has reached a support level on a smaller timeframe, and it is likely to break. The position marked by the thin red line in the chart is the key point for the switch between bulls and bears. If it breaks down, then go short on the rebound. If it closes with a long lower wick, then you can still consider a short-term long rebound; exit depending on the situation.
This view is for personal reference only and does not constitute investment advice.
#Gate廣場四月發帖挑戰