SUI/USDT Daily Price Level Analysis and Direction Prediction

Support Levels:

1. $4.05: Short-term support; if broken, it will test the $3.90 area.

2. $3.90: Key strong support; breaking it may further approach $3.50.

Resistance Levels:

1. $4.30: Short-term resistance; if broken, it may test $4.60.

2. $4.60: Strong resistance; if broken, it will further open up upward space.

Market Direction:

Current price is below MA7, showing a weak oscillating trend in the short term, but MACD bearish momentum is weakening, which may brew a rebound. Pay attention to the effectiveness of the $4.05 support.

Trading Suggestions:

• Long Position Strategy: Gradually place long positions near $4.05, with a stop loss at $3.90 and a target of $4.30-$4.60.

• Short Position Strategy: If the price breaks below $4.05, consider trying a light short position, with a stop loss at $4.15 and a target of $3.90-$3.50.

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