SUI/USDT Daily Point Analysis and Direction Suggestions

Support Levels:

1. $4.05: Short-term key support, if the price breaks below, it will test the $3.91 area.

2. $3.91: Medium-term strong support, if lost, may further drop to $3.75.

Resistance Levels:

1. $4.33: Short-term upward resistance, if broken, it is expected to test $4.60.

2. $4.60: Medium-term pressure zone, significant volume is needed to further open up upward space.

Market Analysis:

The SUI price is oscillating near the moving averages, with the MA7 showing a slight upward trend, and there is still momentum for a short-term upward test. Although the MACD indicator is below the zero axis, the DIF line is flattening, showing signs of gradual convergence.

Trading Suggestions:

• Long Strategy: Enter long positions in batches with light leverage in the $4.05-$4.10 area, target $4.33, stop loss at $3.98.

• Short Strategy: If encountering resistance in the $4.33-$4.40 area, consider shorting with light leverage, target $4.10, stop loss at $4.45.

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