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SUI's recent performance has attracted a lot of attention. The trading volume on the 30-minute candlestick suddenly surged by 78.2%, and such volume increase is often not without reason.
Currently, the price is at 1.7795 USDT, and a support zone has formed between 1.7775 and 1.7854. From the 1-hour chart, the support level is only 0.73% away from the current price, which is quite close.
From a technical perspective, this is a good time to consider placing a long order near 1.7775. If the market truly starts to move, the target can be set at the resistance level of 1.8493. The sharp increase in trading volume usually indicates that the market is about to move. The subsequent trend is worth closely watching.