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I was originally planning to close the day and rest, but I didn’t expect this plunge during the session—it directly cashed out the wait I’d been holding for.
When $SUI watched the market swing back and forth inside the session, it looked quite lively, but every time it surged, there was no sustained buy-side pressure. The moment the price hit a key level, it fell back. I didn’t try to guess the bottom, and I didn’t chase it by shouting. After the rebound failed and the confirmation came, I executed a long near 1.0341.
Then the price moved to 0.7013, and the profit showed +1549.84%—this time I nailed the rhythm. The longer price chops at high levels, it doesn’t necessarily mean it’s safer. The key is always who’s receiving and who’s pushing down.
First, close 80% of the short position, and protect the remaining 20% at the cost price. If it continues to drop further, let the profits extend; if there’s a rebound, only keep a manageable position—don’t get greedy for that last bite.
Even if you only make one percent, as long as you can take it away, it’s yours. No matter how much floating profit you have, it’s only what the chart is temporarily giving you. Don’t force it if you miss this leg—wait for the next shot and review again once the structure is clear.
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