#XRPETF SUI has surged to $3.8, can it still go higher?
SUI currently at $3.8 seems unstoppable, but we must understand what tricks the main players are playing!
In the short term, whether it will surge to $5 or drop back to $3, focus on three core indicators - the $4 resistance level, the $3.5 support level, don’t be swayed by short-term fluctuations!
If it breaks $4 with a significant increase in trading volume (at least double the previous day's), we will see $4.5 directly, or even touch $5 (but there will definitely be a massive selling pressure here);
If it struggles to stay above $4 and trading volume shrinks, retreat immediately to the $3.5 defense line, if it drops below, run away without illusions of a pullback, the main players never look back when selling, if it breaks, the $3.2 area below is the main cost zone, wait for a volume signal to buy the dip!
Set the stop-loss at $3.4, if it drops below and doesn't recover within 30 minutes, clear your position unconditionally, this is the lower edge of the main cost zone, a break will lead to a stampede; if it breaks $4, then consider chasing higher, but two conditions must be met: the 4-hour candlestick must stabilize above $4; trading volume must expand by more than 150% compared to the previous day; diversify your operations to guard against black swans, sell 20% of your position at $3.8 first, if it breaks $4 then add back, if it drops below $3.5 then exit completely!
Don’t believe in any value investing, first protect your principal, wait for the main players to create a golden opportunity at $3 before going all in, this is the survival rule!
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in the clones, expecting a space of over 10 times is not a problem, like + comment, and I will take you to layout the entire bull market!
$PEPE $SHIB $DOGE