#SUI/USDT shows strong bullish momentum. SUI quickly rose from a low of $3.1790 to $3.4687, with a short-term increase of over 9%. The current price has retraced to $3.4051, indicating a healthy technical pullback. Although MACD momentum has slightly weakened, there is no obvious death cross yet; the KD indicator has entered the correction zone, suggesting that further consolidation may occur in the short term. The changes in trading volume also confirm the dominance of bulls, but attention should be paid to the risk of high-level fluctuations. If the price can remain above the MA10 moving average (around $3.29), there will be an opportunity to challenge the previous high again.
Investment Warning:
Cryptocurrency prices are highly volatile, and investment carries high risks. This article is only a technical reference analysis and does not constitute any investment advice. Investors must carefully assess their own risk tolerance, manage risks well, and avoid blindly chasing highs. Investments can result in both gains and losses; entering the market requires caution.
