SUI is booming! How to accurately seize short-term fluctuations and achieve high returns?

The current price of SUI is $3.4264. It has performed strongly recently, breaking through the previous range of fluctuations in the short term and continuing to show an upward trend. In the generally bullish atmosphere of the market, SUI has performed well, especially in the context of blockchain technology and applications being widely recognized by the market, and there is still a large room for growth in the short term. However, facing such high prices, short-term corrections and fluctuations also need to be closely watched.

Short-term T strategy: long and short operations

1. Long strategy (bullish continuation)

Entry point: If the SUI price pulls back to around $3.4000 and is supported here, it is recommended to enter the market and go long near $3.4100. The target price can be set to $3.4800. If the market continues to break upward, it may further hit $3.5500. Stop profit point: Target price $3.4800. If it breaks through this position, consider continuing to hold; if it fails to break through, you can choose to lock in profits. Stop loss point: If the price falls below $3.3800, stop loss and exit to prevent losses from further declines.

2. Short-selling strategy (callback risk)

Entry point: If the SUI price fails to continue to rise after breaking through $3.5000, and there is obvious selling pressure, you can enter the short position near $3.4900, with the target price set at $3.4200. If it falls below this support level, you can look to $3.3800. Take profit point: The target price is $3.4200. If the price fails to continue to call back, you can choose to lock in profits. Stop loss point: If the price breaks through $3.5500, stop loss to avoid further increases in the market.

In the short term, SUI still has strong upward momentum, especially in the context of its technology and ecosystem being continuously strengthened. If the price remains above the current support level of $3.4000, it may continue to move towards target price levels such as $3.4800 and $3.5500. However, given the cyclical volatility of the market, the possibility of a pullback after the price breaks through these targets remains. If the price fails to continue to rise, a pullback support of $3.3800 may appear. $SUI