Big G talks about SUI: After a high in May, can we still get on board now?

Brothers, did you enjoy the roller coaster ride of SUI? It dropped to $1.71 in April, soared to $4.29 in May, and is now hovering around $3.68. This market is more intoxicating than the camel milk I drank last time in Dubai!

Let's clarify a few key signals first:

In May, 500 million tokens were unlocked (accounting for 21.7% of the total), although the team said it would follow the plan, whales have recently been transferring coins to exchanges wildly, be cautious of short-term selling pressure;

Ecological data exploding: TVL surged to $1.59 billion, DEX weekly trading volume reached $2.77 billion, on-chain active addresses broke 3.2 million, institutions are starting to gather for layout;

Technically stuck at the end of the triangle area, near $3.6 both long and short are cutting each other, stabilizing at $3.7 could test the previous high, falling below $3.5 requires caution for a pullback.

Two scenarios for the future market:

Scenario A (hit the previous high): Stabilize at $3.7 and break through with volume, likely to touch $4 or even $4.3. Focus on whether Bitcoin can stabilize at $70,000; SUI is closely linked to the overall market.

Scenario B (pullback washing): If $3.5 cannot hold, it may fall back to around $3, in extreme cases even down to $2.8 (annual line support). Unlocking selling pressure + profit-taking, new investors are prone to panic selling.

Operational advice:

Don't go all in at the current price! Build a base position in the $3.5-$3.6 range, decisively stop loss if it falls below $3.45;

Break above $3.8 to chase the rise, target above $4 for partial profit-taking, don’t be greedy;

Looking at long-term ecological development, but short-term volatility is large, do not exceed 50% position.

The last splash of cold water: SUI's wave of unlocking is clearly a negative signal, the whales might take the opportunity to wash the market. Experienced traders should set stop losses, and new investors should watch more and act less. Remember - those who survive longer in a bull market are the ones who run fast! $SUI #山寨币热点

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