SUI has rapidly recouped almost all of its previous highs at the fastest speed. In contrast, other altcoins may not even reach half (that's right, I'm talking about you, DOGE).
SUI's strength is generally optimistic in terms of fundamentals and technicals, supported by the U.S. government's purchases and the underlying public chain. This short-term rebound is extremely fierce. Those who are optimistic about the future can still continue to buy on dips.
Several positions to pay attention to
Support position
First position 4.37
Second position 4.2
Third position 3.96
Resistance position
First position 4.95
Second position
Third position
When trading, one must follow the trend. Go with the big trend and against the small. When the trend comes, get on the ride. Flexibly adjust when the trend changes to the opposite; resisting the trend is like a mantis trying to stop a car, disrupting one's mindset and trading rhythm.
At night, as U.S. stocks fluctuate, if there are significant fluctuations, friends, remember to take profits frequently and decisively cut losses; holding onto positions is meaningless.
If you have any questions about the market interpretation of other cryptocurrencies or trading issues, feel free to leave a comment.
Personal opinion, please read rationally. Not investment advice.
If you feel my analysis is helpful to you, please don't hesitate to like, follow, and comment.
Wishing you smooth trading. Thank you!
