2026-01-07 10:28:33

Recently, I've been watching the trend of SUI for a period of time, and the more I look at it, the more I feel that something is brewing.

The current price stays at $1.930000, still oscillating within the range, but it is approaching the key resistance level of $2.007200. Interestingly, the RSI is only 47.4, indicating that market sentiment is neither too cold nor too hot, which actually leaves room for further upward movement. The feeling from the charts suggests that the bulls' intentions are becoming more and more obvious.

From a technical perspective, the support level at $1.852800 has held quite steadily in recent days, with several pullbacks not breaking below, proving that the buying strength at the bottom is not weak. If it can break through the $1.978200 level, it could be a signal of a breakout, and once a breakout is formed, the upward potential could be significant.

My approach is this — the $1.978200 level is worth paying close attention to. Once a breakout is confirmed, consider following in, as this is an important key point. Conversely, if it breaks below $1.852800, stop-loss immediately; risk control is always the top priority.

The market rhythm has accelerated recently, and this wave of SUI indeed has the potential to make big moves. But remember, even if you're optimistic, diversify your risks and don't put all your chips in one basket. Keep a close eye on key price levels, as opportunities and risks often lie just one thought away.

Key price levels for reference:
• Support: $1.852800
• Resistance: $2.007200
• Breakout point: $1.978200

SUI-0,1%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

Degen4Breakfast

· 01-09 02:26

SUI's momentum is really intense. Once it breaks 1.978, it's time to jump in. Just worried about it bouncing back and forth again.

View OriginalReply0

MetaEggplant

· 01-07 12:30

SUI this wave is indeed interesting, but I think we need to watch the 1.978 level a bit more. Agree that risk control comes first; going all-in like this is really amateurish. Does it sound like a breakout is coming? I'll stay on the sidelines for now and wait for a confirmation signal. If I can't hold the 1.852, I'll just run; there will always be other opportunities. RSI at only 47 is quite comfortable, with room for growth.

View OriginalReply0

MidnightGenesis

· 01-07 10:54

On-chain data shows that the 1.978200 level is indeed interesting. Monitoring indicates that the bottom buy orders remain firm. It is worth noting that

View OriginalReply0

ShibaSunglasses

· 01-07 10:51

Staring at SUI for a long time, I feel this wave is indeed quite interesting... Let's wait for a breakout before making any moves. --- RSI is only around 47, with room to grow. The bulls are indeed gathering strength. --- Risk control first, I am firm on this. If it breaks 1.8528, just run, no hesitation. --- The 1.978 level needs to be watched carefully. Once it stabilizes, it's a signal. Then we can take action. --- Recently, SUI's pace has indeed sped up, but don't go all in. Diversifying risk is the key. --- A solid bottom indicates someone is absorbing, and patience is most tested during such times. --- Approaching 2 dollars, it seems a major event might be brewing. Keep watching. --- While I remain optimistic, I still keep some backup in the account. The tactics are all the same. --- As long as support isn't broken, it shows buying pressure isn't weak. That's correct. --- Wait for confirmation of a breakout before following up. Chasing highs makes you a rookie; those in a hurry will lose.

View OriginalReply0

BearMarketBarber

· 01-07 10:36

1.978 this point definitely needs to be watched closely. Whether to go all-in or not depends on if the trading volume cooperates. --- RSI is only 47 and already trying to break through. Is the bullish momentum so urgent? Feels a bit fake. --- Bottom buying support is stable, but I'm worried about false breakouts tricking traders. I'll wait and see. --- Talking about diversifying risk sounds nice, but no one really can do it, including me. --- Breaking 1.852, I’ll cut losses and run immediately, not playing the game of stubbornly holding on. --- If this wave can really break through 2 dollars, the potential room ahead is quite significant. But the prerequisite is a breakdown. --- Is the bullish intent obvious? I actually find it a bit suspicious, feeling like a shakeout. --- SUI's recent trend is indeed interesting, but I’ll wait for a clearer signal before making a move. --- The key is whether the trading volume can keep up. Price can be easily deceived, but volume can't lie. --- Don’t talk about making big moves yet. First, get past 1.978 before bragging. It’s too early to say now.

View OriginalReply0

NullWhisperer

· 01-07 10:33

ngl the $1.978200 level is actually interesting... technically speaking though, that RSI reading feels too comfy. usually when price is this quiet before a move, it's either about to rip or trap everyone holding bags lol

Reply0