$SUI
Point Analysis:
1. Key Support Levels:
• First Support Level: $4.40 (7-Day Moving Average Support)
• Second Support Level: $4.21 (25-Day Moving Average Support)
• Third Support Level: $3.86 (Psychological Support Area)
2. Key Resistance Levels:
• First Resistance Level: $4.76 (24-Hour High)
• Second Resistance Level: $4.96 (Recent High)
• Third Resistance Level: $5.10 (Upper Psychological Resistance)
Bullish/Bearish Direction Prediction:
The current price of SUI is $4.61, with an intraday increase of 11.64%. The price has broken through the moving average pressure in the short term, and initial signs of a MACD golden cross are appearing, with a noticeable increase in trading volume. The overall trend is bullish, but it is close to the resistance area, so caution is advised for chasing the price upward.
Strategy Suggestions:
• Long Position Strategy:
If the price retraces and stabilizes around $4.40, consider taking a light long position, with a stop loss set at $4.20 and target prices at $4.76/$4.96.
• Short Position Strategy:
If the price fails to break through $4.76 and shows obvious signs of a significant volume drop, a short position can be opened around $4.70, with a stop loss set at $4.90 and target prices at $4.40/$4.21.
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