Adjustment momentum emerges, key levels hide opportunities

SUI price fluctuates, a moment of choice on where to go

Go with the trend, find the best entry direction

Market Analysis

The market has recently shown a high-level correction trend, and the current price is stabilizing in the support range, but upward momentum is weak. In the short term, the tug-of-war between bulls and bears may intensify, and market sentiment tends to be cautious, requiring attention to the breakthrough or breakdown of key levels.

Support and Resistance Levels

Support Levels

1. $4.05

2. $3.90

3. $3.75

Resistance Levels

1. $4.30

2. $4.45

3. $4.60

Short-term Trading Strategy

Long Strategy

• Entry Point $4.05

• Add Position Point $3.90

• Stop Loss Point $3.70

• Take Profit Targets

1. $4.30

2. $4.45

3. $4.60

Short Strategy

• Entry Point $4.30

• Add Position Point $4.45

• Stop Loss Point $4.65

• Take Profit Targets

1. $4.05

2. $3.90

3. $3.75

My Prediction

The market may face further adjustments, it is recommended to focus on short positions, looking for entry opportunities near resistance levels.

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