Recently, I've been watching SUI's trend and have indeed noticed some interesting signals. The current price at $1.44 shows a decent bullish momentum, and the RSI has also risen to 52.7, which feels like it's gearing up to move higher.
After a careful look at the technicals, MACD has shown a bullish divergence, which in my trading experience is considered a relatively strong bullish signal. However, to be fair, there are too many variables in the market, and no one can be 100% certain about the trend.
From a price level perspective, the current support is at $1.3824, with resistance at $1.4976. The real key level is $1.476—if it can hold steady above this, there might be a good upward move ahead. Based on the current pattern, the short-term target range is $1.70-$2.10.
My plan is as follows: maintain the current position for now and observe the market response. If SUI can effectively break through and hold above $1.476, I will add to my position, increasing the total to 30%. For risk control, I will set the stop-loss at the support level of $1.3824; if it breaks below, I will exit decisively. After all, capital preservation is the primary principle in trading, and pursuing profits is based on manageable risk.
Of course, if the market performs worse than expected and breaks the support level, it’s time to admit defeat and not fight against the market. The market will always give you new opportunities; the key is to survive long enough.
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CryptoHistoryClass
· 19h ago
ah yes, the classic "bullish divergence" playbook... statistically speaking, this is exactly how 2017's altcoin rally kicked off before we got tulip mania'd into oblivion. history really does rhyme, huh
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liquiditea_sipper
· 20h ago
Honestly, if SUI can really hold steady at 1.476, I will add to my position; otherwise, I'll just watch the show.
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AirdropHunterWang
· 20h ago
1.476 is really a crucial threshold. Should I go all in and wait for it to break through? Still undecided.
Recently, I've been watching SUI's trend and have indeed noticed some interesting signals. The current price at $1.44 shows a decent bullish momentum, and the RSI has also risen to 52.7, which feels like it's gearing up to move higher.
After a careful look at the technicals, MACD has shown a bullish divergence, which in my trading experience is considered a relatively strong bullish signal. However, to be fair, there are too many variables in the market, and no one can be 100% certain about the trend.
From a price level perspective, the current support is at $1.3824, with resistance at $1.4976. The real key level is $1.476—if it can hold steady above this, there might be a good upward move ahead. Based on the current pattern, the short-term target range is $1.70-$2.10.
My plan is as follows: maintain the current position for now and observe the market response. If SUI can effectively break through and hold above $1.476, I will add to my position, increasing the total to 30%. For risk control, I will set the stop-loss at the support level of $1.3824; if it breaks below, I will exit decisively. After all, capital preservation is the primary principle in trading, and pursuing profits is based on manageable risk.
Of course, if the market performs worse than expected and breaks the support level, it’s time to admit defeat and not fight against the market. The market will always give you new opportunities; the key is to survive long enough.
Key price levels summary:
• Support level: $1.382400
• Resistance level: $1.497600
• Breakout level: $1.476000