SUI: Where are the opportunities after a short-term pullback?
Market Analysis
SUI is currently showing a slight pullback trend, market sentiment is somewhat weak, but the support is relatively solid, with both bulls and bears fiercely competing at key price levels.
Support and Resistance Levels
• Support Levels: $4.30, $4.15, $4.00
• Resistance Levels: $4.50, $4.60, $4.75
Short-term Trading Strategy
Long Strategy (Bullish):
• Entry Point: $4.30
• Add Position Point: $4.15
• Stop Loss Point: $3.95
• Take Profit Targets: $4.50, $4.60, $4.75
Short Strategy (Bearish):
• Entry Point: $4.50
• Add Position Point: $4.60
• Stop Loss Point: $4.80
• Take Profit Targets: $4.30, $4.15, $4.00
My Prediction
SUI may gradually stabilize in the short term, with the possibility of a rebound. It is recommended to focus on a bullish strategy and pay attention to the support situation near $4.30.
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