!! Important Reminder !! All SUI holders, please pay attention !!
Will SUI explode again this month? As a popular cryptocurrency, SUI's future performance is highly anticipated, but do not blindly chase it at high points in the short term.
I have held from 1.65 all the way to 2.27, optimistic about its long-term potential. However, SUI's recent surge is related to the Federal Reserve's interest rate cuts and election sentiment, especially with the 'move pump' in cooperation with APT, reminiscent of the explosive rise of SUN back in the day. SUN at that time drove the entire market frenzy, but it quickly retraced afterward; will SUI follow the same path? This is worth paying attention to.
Currently, SUI has a high turnover rate, and the whale may sell at high positions at any time, so I advise everyone not to buy at high points. Here are several safe trading strategies:
1. Long after a breakout pullback
If SUI effectively breaks through the key resistance level of 2.2-2.4, you can enter during a minor pullback.
2. Buy at support levels
If it fails to break upwards and instead pulls back to the support zone of 1.6-1.65, buy directly.
3. Join liquidity management
If you hold spot and do not intend to sell, you can add SUI/USDC liquidity on Cetus Swap, currently with an annualized return of 338%, and you can mine the platform token Cetus, which is a nice passive income.
4. The last strategy
This crucial strategy will be revealed later in the comments; if you want to know in advance, you can find me!
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