$SUI
The current price of SUI is around 4.17 USDT, and the overall trend remains strong. After experiencing a period of consolidation, it has gradually started to stabilize and rise. At this point, there is no need to hesitate; going long is one of the optimal strategies.
From the market perspective, after breaking through the 4 USD level, the trading volume has continued to expand, indicating that the bulls are gradually taking control. At the same time, a clear series of consecutive bullish candlesticks has appeared, with upward momentum gradually being released, and signs of major players entering the market are evident.
✅ Trading Suggestions:
Current Price: Go long directly around 4.17 USDT
Stop Loss: 3.90 USDT (strong support area)
Target Price: Not yet set, to be adjusted dynamically based on subsequent strength or weakness trends.
Technical Analysis:
Clear trend structure: Since bouncing from the low point, SUI has gradually built an upward channel, and it is currently in the early stages of a major upward wave.
Bullish volume returning: After breaking through key resistance, there has been no sharp pullback, indicating strong market acceptance at high levels, with short-term upward potential remaining.
Risk Control is clear: 3.90 USDT is a significant support level, confirmed multiple times previously. If it breaks below this level, it indicates structural damage, and stop-loss must be executed.
Currently, no specific target is set. First, observe whether the market accelerates to break through the secondary resistance at 4.3-4.5. If it successfully attacks and stabilizes, the medium-term target may look towards 5.0 or even higher.
This is a trend trade, and the key lies in holding rhythm. With proper risk control, let the market decide the profit space.
