SUI Counter-Trend Outbreak Warning: Key Layout Opportunity at $3.85, Bullish Leverage Rate Soars with Hidden Secrets!

Summary

SUI current price is $3.855, the short-term technical outlook shows a tug-of-war between bulls and bears: price breaks above the holding cost but is under pressure from MA200, the upper middle band of the Bollinger Bands indicates upward potential, and the 24-hour contract open interest has decreased by 18%, exposing liquidity risks. It is recommended to lightly test long positions in the 3.80-3.82 range, with a stop loss at 3.75 and a target of 3.93 (risk-reward ratio of 2.3:1), while being cautious of the risk of a long squeeze triggered by a negative funding rate.

Technical Analysis