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

2024年10月15日

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

2024年10月25日

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

2024年10月26日

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Really close to getting to $1.55

2024年10月28日

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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

2024年11月19日

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

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