This news is causing a stir – traders are rushing in, but have you analyzed it carefully?
📊 How is the 4H chart reacting?
• RSI is starting to rise, signaling buying strength.
• MACD crosses up, indicating that momentum may reverse positively.
💡 Strategy for traders:
• This could be a significant boost that drives the price $SUI up.
• Scale in lightly around the current price range, set stop-loss close to protect capital.
• Wait for further confirmation from volume and momentum in the coming sessions.
⚠️ Don’t jump into FOMO, because even with good news, the market may still have a slight correction to establish a foundation.
📣 The key is: trust your technical indicators, combine them with news, and do not follow the crowd.