“SUI Power is Ready, Breaking Through the 5.0 Barrier is Just Around the Corner?”

Market Analysis:

SUI has been performing strongly recently, approaching the critical resistance level of 5.0 after a continuous rise. Market sentiment is optimistic in the short term, but there is also some risk of correction. However, the overall trend remains robust, with sufficient upward momentum.

Support and Resistance Levels:

• Support Levels: 4.56, 4.36, 3.94

• Resistance Levels: 4.96, 5.12, 5.19

Short-term Trading Strategy:

Long Strategy:

• Entry Point: 4.56

• Additional Position Point: 4.36

• Stop Loss Point: 3.90

• Take Profit Targets: 4.96, 5.12, 5.19

• Position Allocation: 50%-30%-20%

Short Strategy:

• Entry Point: 4.96

• Additional Position Point: 5.12

• Stop Loss Point: 5.25

• Take Profit Targets: 4.56, 4.36, 3.94

• Position Allocation: 50%-30%-20%

$SUI

My Prediction:

Currently, bulls dominate SUI, and the likelihood of breaking through the 5.0 barrier in the short term is high, so I lean towards going long. Once it successfully breaks through, the subsequent upward space will further open up.

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