$SUI Currently, the market performance of SUI tokens is volatile, with prices rising by 96.45% in the past 30 days, showing a strong short-term upward trend. However, the price has fallen by 4.96% in the past 24 hours, indicating that market sentiment has weakened. Although the long-term trend remains upward, short-term adjustments pose certain challenges to price movements, especially when key resistance levels have not been broken.

The relative strength index (RSI) shows that SUI is close to the 60-70 range, indicating that the market is close to overbought conditions. Although the increase is considerable, as the RSI approaches overbought, the pressure for a short-term correction increases. Investors should be alert to possible price corrections to avoid potential risks.

The Bollinger Band analysis shows that the SUI price fluctuates between the middle and upper rails, and the momentum is still there, but it has failed to break through the upper rail, indicating that the upward momentum has weakened. In the short term, the price may pull back to near the middle rail. If it fails to rise further, the market's pullback pressure will increase further.

The MACD indicator shows that although the upward momentum is strong, if it gradually weakens, the risk of a pullback will increase. The current high trading volume shows that the market still pays high attention to SUI, but if the price rises with a decrease in trading volume, it indicates that the short-term upward momentum is insufficient and the possibility of a pullback increases.

The Fibonacci retracement line shows that SUI has found support at $1.84, but if it fails to break through the $1.99 resistance level, the price may pull back to $1.80. If it breaks through the resistance, the price is expected to rise above $2.00.

Overall, SUI is currently volatile, and a flexible trading strategy is recommended in the short term. In the $1.84 to $1.99 range, short-term investors can trade in the range. If the price breaks through $1.99, continue to hold; if it does not break through, take profits when approaching the resistance level. Given that SUI is close to an overbought state, the risk of a pullback is high, and the stop loss is recommended to be set at $1.80.

Within 24 hours, the short-term buying strategy should focus on the $1.84 support level. If the price stabilizes and rebounds, consider buying and setting a stop loss at $1.80. For short-term selling strategies, you should pay attention to the $1.99 resistance level. If the price approaches but does not break through, it is recommended to sell gradually. At the same time, you need to pay close attention to changes in trading volume to determine market trends.