$SUI Good afternoon, it's been a while since I talked about SUI. I didn't want to mention it, but seeing many traders in the square resisting long positions, I thought I should say something. I will continue to update daily from now on.
With the indicator system, every old trader knows to look at the indicators. Currently, it is in a downtrend, so we should follow the trend, focusing on short positions. Long positions must wait for a pullback to enter. As for where to short during the pullback, it will definitely be at high points, of course, at pressure points for different time frames. Please see the chart below.
If you're feeling adventurous and want to speculate on long positions in a downtrend, I can't stop you. I can only tell you to go long at support levels, which are shown in the image above. Take a look yourself. Remember, it's a short-term long at support! With the indicator system, you can see clearly.
Additionally, the trading indicator system I use combines trend indicators with dynamic resonance indicators for support and resistance. Both together can be tried by both new and old traders. Let the hard facts speak for themselves; try it out and then give your feedback! It's useful, at least I have never faced liquidation since I started using it, steadily making profits. That's all for today, wishing everyone prosperity and wealth!
