SUI Looks Bearish (2H)

5月3日

From the point where we placed the red arrow on the chart, it appears that the correction in SUI has begun.

An expansionary wave structure is visible, which could potentially push SUI toward the green zone.

Targets are marked on the chart. As long as the supply zone holds, the price may move toward the targets and the green box.

A 4-hour candle closing above the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

5月5日

手動結束交易

The analysis started at 3.3880, and the price dropped over 7%, hitting TP1 and showing a reaction.

Given the strong reversal momentum, we will no longer be looking for sell/short positions at the supply zone.