🔥I don't know about you all, but I find the altcoin $SUI to be quite stable in the long term, not dropping sharply like others, and rising steadily.
🧠Here is my analysis of it:
Current price: ~$3.03
24h volume: ~$1.3–1.9 billion (very large trading volume, reflecting strong liquidity)
📊 Technical analysis & opportunities.
Short-term support zone: ~$2.95–$3.00
Nearest resistance: ~$3.20–$3.30
RSI and indicators are in a neutral state, the next trend is unclear.
💥If it breaks above $3.30–$3.50 with strong volume, the possibility of reaching $4+ is plausible.
💥If it loses the support zone of ~$2.95, the price could adjust to $2.5–$2.7.
🧠Proposed strategy:
Hold or buy at support levels around $3–$2.95 if you believe in the long term.
Take some profit if the price exceeds $3.30–$3.50; monitor the fundamental situation to decide further.
Use stop-loss if support is broken to cut down on risk.
📝 Conclusion:
SUI is at a crucial zone: accumulating around $3 or breaking out positively.