When the screen is filled with green candles, I actually put my emotions aside first and took a careful look at how this drop came about. Last night’s chart was swinging back and forth in the high range. $SUI tried a few times to push upward, but the sell pressure was overwhelming. Buyers never managed to hold it up. Every time the price neared the upper boundary, it quickly fell back—this looks more like a retest of key levels after a rebound has ended.



After confirming weakness in the early session, I placed a long position around 1.0341. I didn’t try to gamble on the most extreme spot—just traded the segments I could understand. The current price is now 0.7099, and the return shows +1509.79%. The outcome I was looking to get is already in hand—so satisfying.

Risk control first, and only then do you have the right to wait for the next leg.

As for position management: I first close 80% to lock in gains, and leave the remaining 20% to keep observing. The protective level is set back around the cost basis. If the selling continues and it keeps dropping, I’ll let the remaining position follow. If there’s a rebound, I won’t give it room for profit to evaporate. Don’t chase just because you see a big bearish candle—being a step late often means you end up buying at the heaviest emotional point. If you miss it, you miss it. Wait for the next round of positions that feel even better.

$BTC $ETH
SUI-4.82%
BTC-1.51%
ETH-1.08%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned