SUI uptrend end
2024-10-05

As can be seen from the 4H chart, SUI has diverged
At the same time, it also reached the previous high point.
And the retracement fell below the previous low of 1.65
So I think this is the end of this rally.

Next, the short side should be the main one
If it falls below the low of 1.59 of this retracement
Then TP1 is placed at 1.48

If it does not fall below
And a new consolidation is formed in this area
You should go out first and observe what happens next.
Wait for a new trend to form before continuing to operate


#The cryptocurrency market has high risks, please carefully evaluate operational risks
This analysis is a personal comment and does not constitute any investment advice, so please refer to it with caution.