$SUI has surged to $3.8! Can it keep rising?
Attention! SUI is currently priced at $3.8, showing strong momentum, but will it continue to climb or pull back? Key factors to watch.
Short-term trend assessment:
If market sentiment is optimistic:
First target is $4; if it stabilizes, it may test $4.5.
Once it breaks through $4.5, $5 will not be a dream.
If the market weakens:
Short-term support is at $3.5; if it can't hold, it may revisit $3.2.
Operational suggestions:
For long-term holders: Consider reducing holdings to lock in profits near $4-$4.5.
For short-term traders: Wait for a clear breakthrough of $4 and increased trading volume before following in.
Risk management is paramount! Set a stop-loss below $3.4-$3.5; don't hold on stubbornly.
Factors to pay attention to:
Bitcoin's direction: If Bitcoin rises, SUI will likely follow; if Bitcoin falls, don't expect it to perform independently.
SUI's own news: Are there any new partnerships or technological upgrades? These can stimulate prices.
The trend is currently upward, but don't blindly chase highs. $4 is the key; once broken, there will be more room to grow. Assess your own risk; don't wait until it drops to regret it.
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