I only meant to take a quick look at the chart, but this short position move wiped out all my drowsiness. A few days ago in the afternoon, $SUI kept tugging back and forth at the high level—on the surface it looked like building up strength, but in reality every time it surged toward key levels it was pushed back, with sell orders clearly more aggressive.



When I watched SUI, I found the rebound wasn’t sustained and volume didn’t keep up—the “nobody’s picking it up” feeling on the way up got stronger and stronger. So when the price came to around 1.0341, I executed the plan and went long, waiting specifically for the pullback after high-level pressure.

Now the price is at 0.7651. This short position shows an unrealized profit of +1253.19%. This profit is finally cashed out—those grinding waits weren’t in vain.

Close 80% first, and move the protective stop for the remaining 20% to around breakeven. If it keeps dropping, let the profits run; if it bounces back, don’t let the results you already secured get given back.

Don’t rush in after the decline starts—having risk control in place up front is what gives you initiative. If you miss this leg, don’t beat yourself up. When a new structure forms, I’ll prompt you at the first moment.

$BTC $ETH
SUI1.49%
BTC-0.31%
ETH0.41%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned