$SUI on the Rise: Multi-Month Trend Active, Targeting $20!

2024년 10월 15일

Not counting on a full retracement for this move. It might just continue to rise, similar to how SOL did when it broke above the $30 mark. However, if by any chance it does retrace, one should consider buying anything below the $1.60 level.

I still believe it will go higher and enter a multi-month run closer to the $10 area.

The strength and reaction it just had are similar to PEPE's before the massive run in February. Sure, there are different narratives and a significant difference in the timeframe, but it's worth keeping in mind for reference.

If we don’t go any lower—which is the most favorable case—I think the weekly block forming as a bearish candle should be used as an entry level and added to once it breaks above.

So, two scenarios: buying the low or reclaiming the candle’s low if it turns out to be a bearish candle on the weekly timeframe.

Miraculously wait for a retrace into the $1.60 area and buy.

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Bi-monthly Mode Active SUI

2024년 10월 25일

노트

Still waiting on the retrace. Chances are it’s not going lower than $1.55 SUI

2024년 10월 26일

노트

Really close to getting to $1.55

2024년 10월 28일

노트

Reached $1.59. I think that might have been it. I’ll see if I can get a chance to enter higher since there’s a good likelihood this was the retrace. SUI

2024년 11월 19일

노트

That was indeed the low. Massive move off that zone.

Any major dips (if they happen) will just be an opportunity to add. SUI