If you are considering investing in $SUI, timing is an important factor to consider, especially given the volatility in the cryptocurrency market. Currently, the price $SUI is at $1.9886, down from its recent high of $2.1680. So, should you buy now or wait?

Important Levels to Watch:


Support Level

$1.9758: This is the 7-day moving average (MA), which could be short-term support. If the price holds above this level, this could be a reasonable buy point.
$1.9022: Recent low. If price drops and then recovers at this level, it would be a safer buying opportunity.


Waiting for the Breakthrough

$2.0281: 25-day moving average. If the price breaks above this level on high volume, it could signal an uptrend. Buying around $2.05 would be a safer option.

Buy When Prices Dip

$1.7: 99 Moving Average. If price continues to decline to this level, this will be strong support providing more cautious buying opportunities.


Investment Strategy:

Aggressive strategy: If AE is willing to take short-term risks, buying at $1.9758 could be effective, with a stop loss below $1.90.
Conservative Strategy: Wait for a breakout above $2.0281 or a drop to $1.86-1.90 to confirm the trend.

Conclude

The best time to buy depends on your risk tolerance. If you are willing to take some risk, you can buy now near $1.9758 and see if the price recovers. If you prefer more certainty, wait for the price to break above $2.0281 or the price to drop to $1.86-1.90. Either way, manage your risk with stop loss orders, and keep a good mindset to protect your investment.

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