Looking at SUI's recent trend, the range from 1.7000 to 1.7200 has shown quite a few bearish signals. From a technical perspective, this is indeed a noteworthy opportunity to consider short positions.



If the judgment is correct, the first line of defense should be around 1.6800. Once the price reaches this level, you can consider partially closing your short positions taken earlier to lock in profits. This way, you at least secure basic gains and avoid losing everything if the market reverses.

If the market continues to move as expected, 1.6600 will become the second key target level. Reaching this point would result in more substantial overall gains. But what is the prerequisite here? Strict risk control.

In simple terms, the market is constantly changing, and stop-loss settings must be in place. Once the price breaks through your expected support or resistance, you should immediately cut losses and not fight the market. That’s the secret to surviving longer. For specific operational details and position management, further discussion and in-depth exchange are also welcome.
SUI-0,17%
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OnchainSnipervip
· 01-06 21:59
It's 1.68 again and 1.66 again. It sounds nice, but I'm just worried that SUI stubbornly won't go down.
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OnchainHolmesvip
· 01-05 02:07
Taking a short position again? Haven't we learned our lesson from last time? The stop loss just can't hold back.
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MissedTheBoatvip
· 01-04 06:53
Hi, the short logic for this wave of SUI is indeed clear, but what I fear the most is still when the stop-loss is not set properly...
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CommunityJanitorvip
· 01-04 06:52
1.68 can't go down anymore, feels like the bears aren't that strong
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MEVHunterZhangvip
· 01-04 06:47
1.68 at this level is too optimistic. Do you believe SUI will easily fall through?
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MEVSandwichMakervip
· 01-04 06:46
The bearish signal is so obvious, it feels like it should have dropped already, so why is it still dragging on? But the stop-loss really needs to be strict; many people end up losing because they are unwilling to cut losses. Can 1.6800 really hold? It's a bit uncertain.
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TommyTeachervip
· 01-04 06:45
Every time it's this set of statements, 1.68 is cut by a wave, 1.66 is cut by another wave, and as a result, SUI is directly pulled to 1.8...
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CryptoTarotReadervip
· 01-04 06:32
The 1.7200 wave is indeed a bit weak, but I will still wait and see the rebound strength before making a decision. SUI's rhythm feels a bit familiar; it tricked me once before, so I need to stay more alert. Regarding stop-loss, too many people don't believe in evil, and in the end, they all lose everything. I've also fallen for this trap. Can the 1.6800 hold? Honestly, it's a bit uncertain. I'll decide based on the trend. This bearish signal is a bit weak; it doesn't feel that clear. I've been wanting to enter the market for a while, just waiting for this level. I haven't reached my psychological price yet. A month ago, I heard similar analysis, but it turned against me. Being cautious is never wrong.
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