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Good morning everyone, and a new week begins. Wishing you all good luck! $SUI The trend of the currency is not optimistic right now; both the 1-hour and 4-hour cycles have turned bearish. We are currently at a critical support level, which is the area marked by the blue line in my chart. This zone is very crucial. If it breaks below, there could be further decline, testing around 0.8779. This is a highly likely area to be touched, and a deeper test around 0.8303 is also possible.
Bitcoin is also currently undergoing a retest. This week's market is expected to mainly rebound with a bearish bias. The upward resistance remains quite strong, and the overall trend is still oscillating on the daily chart.
Today, I will post a strategic short position. Those who trust my judgment can use 10x leverage with 1% position size, placing limit orders. I strictly control risk; I won't enter unless the price hits the target level. You can also click on the strategy card I posted below, where I have set the leverage multiple, position ratio, stop-loss, and take-profit points. You only need to follow the order with one click, no need to watch the market constantly. Just wait patiently for the flowers to bloom.
Trading involves risks. Please use funds that do not affect your daily life for copying trades. My goal is to achieve steady profits gradually. Thank you all for your support. Your choices are also my motivation to keep trading!
#Gate廣場四月發帖挑戰