$SUI
• The current price is above the short-term moving average (MA7: 1.7279) and below the medium-term moving average (MA25: 1.7639). The long-term moving average (MA99: 1.6774) is below the price:
The long-term upward trend is still there, but there is a certain pressure on the short-term and medium-term prices.
• MA7 and MA25 are flat, and the price is in consolidation:
The short-term momentum for rising or falling is weak, and it remains volatile.
• The trading volume has shrunk significantly in the recent period, and there is a lack of new capital driving force.
• MACD has weak momentum and convergence trend. Near the zero axis, the long and short forces are relatively balanced.
• The MACD line and the signal line are close to intersection. If a golden cross is formed in the short term, there will be a clear buy signal. The buy signal will be released separately.
Support level: 1.6939
Resistance level: 1.7705
The market is currently in a volatile consolidation stage, and the price fluctuates between the 1.6939 support level and the 1.7705 resistance level. The trading volume is small and the momentum is weakened.
The price remains above MA99 (1.6774), and the long-term upward trend remains unchanged. If MACD and other indicators form a golden cross and increase in volume, the price is expected to break upward, with a target of above 1.7705.
Operational suggestions: Pay attention to the breakthrough of 1.6939 support and 1.7705 resistance. Key operational decisions can be made near these two positions. If the resistance is broken, you can consider buying; if it falls below the support, you can consider selling.