$SUI Historical New High, Soaring to 2.7
As SUI gradually breaks through the resistance of the 2.5 range, the current rise is also rapid.
Blindly chasing prices when they are at a high may lead to overpayment, which is a mistake that could result in significant losses. In contrast, taking a wait-and-see approach, waiting for the market trend to develop further and clarify its direction, and closely monitoring price movements may be a wiser choice.
The 90 RSI indicates strong buying signs.
The price has now severely crossed the upper boundary of the Bollinger Bands, indicating that it has been overbought in the short term. If the 2.8 area can provide enough resistance, a bearish correction should occur.
Long position suggestions should be near the minor support of 2.63.
I personally do not take this action.
Short position suggestions: 2.75--2.85 range.
Targets: 2.63 + 2.493 + 2.4