Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
$SUI SUI is currently around 0.9329 USDT. Today has already gained +2.56%.
I'm not looking at the rise and fall first, but whether this position is worth touching.
In the short term, I still lean towards bearish.
Now, a few points that are more worth monitoring:
First, the continuation after a spike is generally average, chasing longs easily ends up in an awkward position.
Second, the price is already close to the resistance zone, with limited upward space and risk-reward ratio.
Additionally, this wave of rally seems more like an emotional surge, and the follow-up has not yet caught up.
I prefer to view it with this mindset: top sweep high waterfall short / rebound bull trap second waterfall short / break support chase short.
More comfortable entry point: 0.9404 USDT
Estimated target price: 0.8844 USDT
Stop-loss reference: 0.9628 USDT
Invalidation condition: 5m reclaims resistance / 15m reclaims the sweep high
Risk-reward ratio reference: 2.50R
At such times, the most feared is itchy hands; waiting for a clearer signal makes it easier to trade.