$SUI is currently priced at $4.1607. Spot trading involves buying or selling the asset for immediate settlement at the current market price. You own the actual token, so your profit or loss depends solely on price movement without leverage risk, but still exposed to volatility.
Resistance is the price level where upward momentum often slows due to selling pressure for $SUI, it’s around $4.40.
Support is the level where strong buying interest may cause price to rebound here it’s near $3.95.
A stop-loss helps limit losses; placing it near $3.85 could protect your capital if the price breaks below support.
In spot trading, focus on timing entries when the price is near support and exits near resistance. Use technical indicators and volume analysis to confirm trends, and always manage risk. Owning the asset means no liquidation risk, but discipline is essential.