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$SUI SUI is currently around 0.9135 USDT.
I'm more concerned about whether there's a trading opportunity at this level.
In the short term, I still lean towards bearish.
I'll focus on these signals first:
First, observe that the buying momentum isn't strong enough; an upward breakout still lacks energy.
Next, the price is already close to the resistance zone; the upside potential and risk-reward ratio are average.
Additionally, this rally seems more like an emotional surge; the follow-through hasn't caught up yet.
I prefer to view it this way: top sweep high, waterfall short / rebound fakeout long, then second waterfall short / break support, chase short.
Entry suggestion: 0.9208 USDT
Initial target: 0.8660 USDT
Stop-loss reference: 0.9427 USDT
Invalidation condition: 5-minute reclaim resistance / 15-minute reclaim sweep high
Risk-reward ratio reference: 2.50R
Understand before acting; it's more important than rushing in blindly.