SUI Breaks Through! What’s the Logic Behind It?
Key Level Analysis: Can It Steadily Stay Above $5 in the Future?
Is It Too Late to Get In Now? This Article Is All You Need!
Market Analysis
SUI has recently performed strongly, with prices breaking through resistance levels, demonstrating a strong bullish intention. Market sentiment is relatively positive; in the short term, prices are expected to continue testing upward, but attention should be paid to the breakthrough situation in the resistance area.
Support and Resistance Levels
• Support Levels: 4.50, 4.25, 3.97
• Resistance Levels: 5.00, 5.20, 5.50
Short-term Trading Strategy
Bullish Strategy:
• Entry Point: 4.92
• Add Position Point: 4.50
• Stop Loss Point: 3.95
• Take Profit Targets: 5.00, 5.20, 5.50
Bearish Strategy:
• Entry Point: 5.00
• Add Position Point: 5.20
• Stop Loss Point: 5.55
• Take Profit Targets: 4.50, 4.25, 3.97
Personal Prediction
SUI is expected to continue to challenge the area near 5.20 in the short term, with strong bullish momentum. However, attention should be paid to whether it can break through the pressure in that area; it is recommended to focus primarily on long positions, aiming for 5.20-5.50.
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