SUI is really a treasure! This coin's trend is as stable as an old dog; even when the market crashed at the beginning of the year, it managed to hold the 1.7 support level, and now it's slowly climbing up.
Looking back, 1.7 is definitely a diamond bottom now, and we won't see it again this year. For those who haven't jumped in, don't worry, anything below 2.5 is an opportunity, although it might be hard to wait for it in the short term.
SUI has a characteristic: when it rises, it doesn't look back! Last year it surged from 0.7 to 2.3, tripling before correcting to 1.6, then it jumped from 1.6 to 3.9, and then to 5.3. Now, this wave starts at 1.7, doubling in half a month, but this is just the beginning! SUI has real value; it's not that kind of wildly fluctuating meme coin, and there's still plenty of room for growth.
If you're trading contracts, remember: SUI is only suitable for buying on dips! You can only short it for the short term; never hold onto a position. Once this coin takes off, it may not look back for months. Just look at last year's trend to see how stable it is, with a very strong regularity.
In summary, there's still time to get on the SUI train, waiting for a correction is an opportunity. Hold your spot carefully, and just look for low points to go long on contracts! Wishing everyone can feast on big steaks 🥩