$SUI How to find better buying signals in this wave of rising?
Since the beginning of the year, it has dropped for nearly three months, and a few days ago there was finally a nice wave of rising. As a bull, I am definitely paying attention to the bullish trends. At the first opportunity, I told my friend to enter SUI at 2.15, and it has now risen nearly 70%. This has been a relatively comfortable trade in these past few months.
The weekly support at 1.915 has held up this three-month decline. Currently, I do not recommend chasing long positions; instead, we should wait for a pullback to the price range of 2.81--2.62. It is not certain that we can touch the 2.4 support again. If it does drop near 2.4 again, then the probability of rising further will likely not break the previous high. Give it a little time.
