SUI One of the consistently invested targets Absolutely has profits to eat

1. Overall Trend Judgment (Core)

Current price $1.4069. Although the price rebounded sharply from the bottom, it has still fallen more than 70% compared to the peak. The price has now returned to the oscillation range of $1.00 - $1.50 before breaking through in early 2024. The moving average system is in a bearish arrangement, and the MACD is in deep water with a death cross pointing down, significantly damaging market vitality.

SUI has completed a short-term bottom, and that long spike is likely the "absolute bottom" of this round of adjustment. It is currently in the post-disaster reconstruction stage, and volatility will remain fierce, but further downward space has been sealed off.

2. Key Levels

Resistance Level (Selling Pressure Area):

Short Resistance: $2.0000. This is the previous major top and the dividing line between bulls and bears. After breaking below this level, a large number of chips were trapped. Future rebounds to this level will face enormous selling pressure for untrapping.

Strong Resistance: $3.0000 - $3.5000. The platform before the acceleration of the decline. Difficult to touch in the short term.

Support Level (Defense Area):

Golden Pit: $1.0000 - $1.2000. This is an important psychological barrier and a densely traded area. It is also the cost line for the main funds to re-accumulate.

Iron Bottom: $0.6000. The lowest point of the spike. Unless a systemic risk occurs, it is unlikely to see this price again.

3. Trading Volume Signal

Signal: Panic volume surge, volume contraction recovery.

The highest column of trading volume on the day of the spike indicates that the panic selling has been completely absorbed.

Interpretation: Sufficient turnover. This level of volume means that the shaky chips have all been handed over, leaving mostly long-term dead bulls or the main force that has just entered the market.

4. Trading Strategy

Holders: Don't cut losses!

Mindset: Since you have endured the moment of $0.60, cutting losses at $1.40 is completely unnecessary.

Strategy: SUI is one of the most eye-catching public chains in this bull market, with excellent elasticity. It is recommended to hold tightly and wait for a rebound to around $2.00 before making a wave reduction.

Empty Holders: Big Opportunity!

Strategy: $1.20 - $1.40 is an excellent left-side accumulation range.

Logic: Such strong coins that have undergone "shock therapy" tend to recover the fastest.

Target: Short-term view $2.00 (+40%), medium-term view $3.00 (double).

5. Summary

SUI has completed "violent deleveraging", and now is the golden window for "picking up bloody chips". Those who are bold can enter the market.