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I held on pretty firmly to this drop. $SUI didn’t suddenly weaken—it had already been continuously showing pressure signals earlier. A lot of people only see the mid-way rebound; I’m seeing that after the rebound, it was immediately pushed back down, which shows the bulls never really took control.
Opened the short around 1.0030; the current price is at 0.72, and the profit is up to +1358.79%, with a clear extension in the move. What truly confirmed it for me was that after the breakdown, it didn’t quickly reclaim—price action started to follow the shorts. In this kind of situation, hesitation can easily make you miss the main leg.
Now that the profit is already there, don’t take the floating win for granted. For brothers with bigger positions, you can consider taking profit in batches with an 80/20 split—keep the remaining tail with a protective level and hold your position. If the rebound strength increases, don’t stubbornly hold on. Trading isn’t about taking every single bite; it’s about having the courage to close when you should.
If you haven’t entered, don’t chase. After the shorts release, volatility will rise. Wait for the next opportunity—wait for a more comfortable entry level.
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