$SUI is currently trading at $4.1247, showing healthy market activity. In spot trading, you purchase the token at the live market price, taking direct ownership without leverage. This method is popular among traders and investors who want to benefit from price appreciation or accumulate for the long term. Profits are realized if the asset’s price rises after purchase, while losses occur if it declines.
For SUI, the resistance level is near $4.30, where selling pressure could appear, and the support sits around $3.95, where buyers may step in. Setting a stop loss at $3.88 can help protect capital in case of a sharp downturn.
Given SUI’s strong position in the Layer 1 blockchain ecosystem and rising adoption in DeFi and gaming, traders are watching for a decisive move above resistance, which could signal further bullish momentum.