【Just finished watching SUI's market, this structure really feels good🚀】
After dinner, I watched SUI for a while, and the more I looked, the more it felt like something was brewing. Recently, this pullback has been quite comfortable, and the RSI has reached 44.8. The market sentiment feels a bit suppressed, but I also have a vague sense that there might be signs of a rebound. I've always been a bullish old player, and this time is no exception. I want to share my thoughts and plans with everyone.
First of all, the current price is $1.440000. Although it's not particularly low, many people have already started buying at this position. Moreover, from a technical perspective, the RSI at 44.8 is a neutral to weak position, but this often indicates a reversal is on the horizon. As everyone knows, the crypto market tends to have a big run at the most unexpected times, so I think this might be a good layout point.
Welcome to exchange different viewpoints.
The key support level is at $1.382400. If this level can hold, then there is still a lot of upward potential. The key resistance level is at $1.497600. Once this level is broken, it will basically be the rhythm of takeoff. Personally, I believe that if $1.476000 can be broken, it will be even more stable, as this price level is an important resistance level recently; breaking it means market confidence has returned.
My personal plan is as follows: I will continue to pay attention at this position. If I see the price break $1.476000, I will consider tentatively increasing my position, as this level breaking could lead to a rise. But if it breaks down below $1.382400, I will cut losses and exit, as risk control is the most important thing; I can't go against the market.
In short, the recent trend of SUI is indeed very attractive, and it feels like the market is brewing a big move. I hope everyone can seize the opportunity and earn their share.🚀🔥
Old players, what do you think? Do you have any different viewpoints or suggestions? Welcome to exchange and discuss!🐶
📈 Key Price Levels:
• Support Level: $1.382400
• Resistance Level: $1.497600
• Breakthrough Level: $1.476000
⚠️ Disclaimer: The above is personal technical analysis for reference only and does not constitute investment advice.
$SUI #sui
After dinner, I watched SUI for a while, and the more I looked, the more it felt like something was brewing. Recently, this pullback has been quite comfortable, and the RSI has reached 44.8. The market sentiment feels a bit suppressed, but I also have a vague sense that there might be signs of a rebound. I've always been a bullish old player, and this time is no exception. I want to share my thoughts and plans with everyone.
First of all, the current price is $1.440000. Although it's not particularly low, many people have already started buying at this position. Moreover, from a technical perspective, the RSI at 44.8 is a neutral to weak position, but this often indicates a reversal is on the horizon. As everyone knows, the crypto market tends to have a big run at the most unexpected times, so I think this might be a good layout point.
Welcome to exchange different viewpoints.
The key support level is at $1.382400. If this level can hold, then there is still a lot of upward potential. The key resistance level is at $1.497600. Once this level is broken, it will basically be the rhythm of takeoff. Personally, I believe that if $1.476000 can be broken, it will be even more stable, as this price level is an important resistance level recently; breaking it means market confidence has returned.
My personal plan is as follows: I will continue to pay attention at this position. If I see the price break $1.476000, I will consider tentatively increasing my position, as this level breaking could lead to a rise. But if it breaks down below $1.382400, I will cut losses and exit, as risk control is the most important thing; I can't go against the market.
In short, the recent trend of SUI is indeed very attractive, and it feels like the market is brewing a big move. I hope everyone can seize the opportunity and earn their share.🚀🔥
Old players, what do you think? Do you have any different viewpoints or suggestions? Welcome to exchange and discuss!🐶
📈 Key Price Levels:
• Support Level: $1.382400
• Resistance Level: $1.497600
• Breakthrough Level: $1.476000
⚠️ Disclaimer: The above is personal technical analysis for reference only and does not constitute investment advice.
$SUI #sui