$SUI , a cryptocurrency I am optimistic about
MACD golden cross, the fast line (short-term average) crosses above the slow line (long-term average), indicating that the market's bullish strength is gradually dominating, which is a clear bullish signal. The momentum bars are expanding and showing green, gradually shortening, further validating the potential for an upward movement.
The Bollinger Bands are opening up, the upper band is widening, and the price is gradually approaching or even breaking the upper band, indicating increased volatility and concentrated release of market sentiment. If the price continues to move along the upper band of the Bollinger Bands, it often signals the start of a strong market trend.
Overall market capital inflow is increasing, and activity is rising, in this case, the probability of a price breakout will significantly increase.
In the short term, a breakout is imminent; it is recommended to position at short-term support levels and set reasonable stop-loss levels (e.g., current price - 5%). Phase target: 1.2 ~ 1.5, take profit in batches after the breakout.
In the medium to long term, if SUI continues to expand and rise, and the pullback stabilizes, it may trigger a larger trend. Medium-term target: 1.8 ~ 2.0, maintain a patient outlook, and enjoy the subsequent dividends.
Do not invest heavily all at once; enter in batches, adjusting positions according to market fluctuations to reduce operational risks.
The current trend of SUI indeed provides everyone with an excellent opportunity to seize the bull market, especially in cases where sentiment and technical indicators resonate.
Keep up with the market rhythm, execute strategies decisively, the future peaks belong to those with unique vision and decisive action!
Focus on the trend, control wealth, and Brother Jie will always take you to new heights!
