1. Summary

  • $SUI is moving closer to the resistance area ~$3.88; prioritize cautious buying when retesting or wait for a breakout with confirming volume. Price ~ $3.8069

  • new listing + increased TVL helps attract capital.

  • wait for a retest of support or a breakout with volume.

2. Market overview

Short-term capital is flowing into SUI after listing news and the TVL milestone, increasing spot/derivatives volatility.

3. Technical analysis

slightly bullish when the price is testing the 3.83–3.88 range (MA99/top zone on the chart). Action support: 3.618; Action resistance: 3.83–3.88. RSI(6) ~ 65 — not overbought yet, but momentum is increasing.

4. Fundamental analysis

SUI is the token of the Sui network; total supply is limited to 10,000,000,000 tokens according to official documents. Circulating supply is currently reported at ~ 3.5B and has a long unlock/vesting schedule; need to monitor upcoming unlock events.

5. Sentiment analysis

Positive sentiment due to listing/TVL but risks exist from profit-taking & pressure from recent unlock events — monitor selling when unlock information appears.

6. Strategy

Entry: buy cautiously when retesting the $3.70–3.75 range;

Breakout entry: accept to buy more when the candle closes above $3.88 with confirming volume.

Stop-loss: below $3.60

TP1/TP2: TP1 $4.00–4.18, TP2 $4.50+.

Exit early if support at $3.62 is lost or if RSI increases but volume decreases (divergence).