$SUI

May 8, 2025 SUI Market Analysis (Not Investment Advice)

Today, SUI has surged strongly, rapidly climbing in a short time, currently priced around 3.5948U, with an increase of 7.91%, showing an impressive performance.

It is clearly visible in the chart that SUI has chosen to break upward after a period of oscillation and consolidation, with the breakout point accompanied by a strong increase in volume, confirming the initiation of a short-term upward trend.

Key factors to observe:

1. Structure completed + breakout surge: The previous period of sideways consolidation has been completed, and the current candlestick has strongly broken through the consolidation zone, entering a trend-up phase.

2. Precise opening position, excellent risk-reward ratio: The illustrated long position was opened at 3.5394U, stop-loss at 3.4988U, target at 3.6526U, with a risk-reward ratio of 2.79, which is a very high-quality short-term opportunity.

3. Technical support in place: The 20EMA support is evident, and the current price is far from the moving average, showing short-term strong momentum.

4. Significant increase in trading volume: This indicates that major funds are concentrating on entry, and it is not advisable to go short against the trend.

Short-term suggestions:

• Those who have entered the market can continue to hold, setting a take-profit at 3.65U;

• If a pullback to 3.54U occurs without breaking below, consider adding a small position;

• If it breaks below 3.4988U, implement a stop-loss strategy to exit and control risk.

Support levels: 3.54U / 3.38U

Resistance levels: 3.65U / 3.75U

The current trend of SUI is strong, it is recommended to follow the trend, avoid chasing highs and heavy positions, and focus on risk control.