$SUI

April 29, 2025 Market Analysis: SUI/U (This does not constitute investment advice)

SUI/U has formed a standard pullback stabilization pattern on the 1-hour chart and is currently attempting to challenge the upper resistance again.

【Pattern and Structure】

• The price movement maintains a wide range of fluctuations, but the lows are gradually rising, presenting a relatively strong structure;

• The current opening price is around 3.5487 U, with a stop loss set at 3.3887 U and a target price near 3.7003 U, yielding a risk-reward ratio of 1.64, which belongs to a pullback long strategy;

• The EMA20 line is attempting to turn upward, with short-term support at 3.5067 U;

• The overall pattern favors buying on dips, continuing to go long on support.

【Key Level Observation】

• Upper resistance is concentrated in the 3.70–3.75 U range;

• Lower support is around 3.50–3.51 U, and caution is needed if it breaks below 3.50 U;

• If it strongly breaks through 3.70 U, there is a chance to challenge around 3.90 U afterward.

【Operation Suggestions】

• Try a small position for long trades, adding positions near 3.50 U on pullbacks;

• Strictly control the stop loss below 3.3887 U to prevent market fluctuations from washing out positions;

• Target profit first looks at 3.70 U, and can be adjusted upward for protection tracking after a breakout.

—— Keep positions light, maintain a steady mindset, and follow the market step by step; don't panic yourself.