SUI 6th try was perfect trade
2025-01-04
Category: None

6th try was spot on for SUI 

As mentioned in my previous post SUI was testing the highs for the 6th time. Sooner or later one of these tests should make it. Most of the time i check them from the 4th on. Every try after has a higher probabillity for succes if the older test failed. 

SUI mad a clean breaktrough and retested the line of resistance making it support. Volume is good but we can also see that the bear volume is rather high in the red candles.

Due to the new ATH there will be more and more people taking proffits at certain levels of the fibonacci trend for example. 

DYOR and take proffits along the way or move the Stop loss towards lows that should not break anymore.

Next lever should be between $5,24 and $ 5,34 because that is where the next liquidity is hiding.