SUI/USDT Daily Point Analysis and Direction Suggestions

Support Levels:

1. $4.05: Key short-term support; if the price breaks below, it will test the $3.91 area.

2. $3.91: Strong mid-term support; once breached, it may further drop to $3.75.

Resistance Levels:

1. $4.33: Short-term upward resistance; once broken, it is expected to test $4.60.

2. $4.60: Mid-term pressure zone; significant volume is needed to further open up upward space.

Market Analysis:

SUI price is fluctuating near the moving average, with MA7 showing a slight upward trend, indicating there is still upward trial momentum in the short term. Although the MACD indicator is below the zero axis, the DIF line is flattening, showing signs of gradual convergence.

Trading Suggestions:

• Long Strategy: Gradually test long positions in the $4.05-$4.10 area with light positions, targeting $4.33, stop loss at $3.98.

• Short Strategy: Light short positions can be initiated at $4.33-$4.40 if resistance is met, targeting $4.10, stop loss at $4.45.

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