Not counting on a full retracement for this move. It might just continue to rise, similar to how 
SOL did when it broke above the $30 mark. However, if by any chance it does retrace, one should consider buying anything below the $1.60 level.
I still believe it will go higher and enter a multi-month run closer to the $10 area.
The strength and reaction it just had are similar to
PEPE's before the massive run in February. Sure, there are different narratives and a significant difference in the timeframe, but it's worth keeping in mind for reference.
If we don’t go any lower—which is the most favorable case—I think the weekly block forming as a bearish candle should be used as an entry level and added to once it breaks above.
So, two scenarios: buying the low or reclaiming the candle’s low if it turns out to be a bearish candle on the weekly timeframe.
Miraculously wait for a retrace into the $1.60 area and buy.
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Bi-monthly Mode Active
SUI
SOL did when it broke above the $30 mark. However, if by any chance it does retrace, one should consider buying anything below the $1.60 level.I still believe it will go higher and enter a multi-month run closer to the $10 area.
The strength and reaction it just had are similar to
PEPE's before the massive run in February. Sure, there are different narratives and a significant difference in the timeframe, but it's worth keeping in mind for reference.If we don’t go any lower—which is the most favorable case—I think the weekly block forming as a bearish candle should be used as an entry level and added to once it breaks above.
So, two scenarios: buying the low or reclaiming the candle’s low if it turns out to be a bearish candle on the weekly timeframe.
Miraculously wait for a retrace into the $1.60 area and buy.
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Bi-monthly Mode Active
SUIAnmerkung
Still waiting on the retrace. Chances are it’s not going lower than $1.55 
SUIAnmerkung
Really close to getting to $1.55Anmerkung
Reached $1.59. I think that might have been it. I’ll see if I can get a chance to enter higher since there’s a good likelihood this was the retrace. SUIAnmerkung
That was indeed the low. Massive move off that zone. Any major dips (if they happen) will just be an opportunity to add.
SUI
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.