SUI rebounds against the trend, are institutions secretly increasing their positions?
Bull market makes a strong comeback, analysis of new potential breakout points for SUI!
Keep an eye on SUI's volatility key, short-term strategies to help you master the situation!
Market Analysis:
SUI has shown a significant rebound momentum recently, with bulls slightly gaining the upper hand. Market sentiment is gradually optimistic in the short term, and it is important to watch whether the key resistance levels can be broken.
Support and Resistance Levels:
Support Levels:
1. $4.15
2. $4.10
3. $4.00
Resistance Levels:
1. $4.25
2. $4.30
3. $4.35
Short-term Trading Strategies:
Long Strategy:
• Entry Point: around $4.18
• Add Position Point: around $4.15
• Stop Loss Point: $4.00
• Take Profit Targets:
1. $4.25
2. $4.30
3. $4.35
Short Strategy:
• Entry Point: around $4.25
• Add Position Point: around $4.30
• Stop Loss Point: $4.40
• Take Profit Targets:
1. $4.18
2. $4.15
3. $4.10
My Prediction:
Bulls are dominant, and in the short term, prices are expected to further test resistance levels, suggesting a focus on long positions.
Every day, I will share analyses of mainstream coins and altcoins with you guys. You can click on the coin pair tags in the article to trade. Wishing everyone prosperity in their investments! $SUI