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Good morning everyone. Currently, $SUI coin is still under quite a lot of pressure above. The one-hour timeframe has been consolidating and fluctuating for a week, already hitting the previous high more than four times without breaking through, so watch out for downside risk.
Overall, the trend remains bullish. Deep pullbacks are opportunities to go long. At present, the key support level on the one-hour chart is still in the 0.9016-0.9119 range. You can consider placing long positions around this area, but only for the one-hour cycle. Take profits when possible, and set stop-loss at 0.8898.
I am focused on practicing trading #Gate廣場四月發帖挑戰 coin on the one-hour cycle, continuously learning and improving. If you think what I wrote is good, don’t forget to like, follow, and share. Thank you all for your support!
PS: The orders shown in the picture are demo positions on the Gate platform, so there are no stop-losses. Continuing to wait for market reactions.