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Hxlaw
Hxlaw
$SUI SUIUSDT is showing a strong breakout signal on the 1D frame when the price increases by more than 6% and closes the candle close to the short-term peak of 1.15. The current trend is clearly leaning towards the buyers when: ● The price is on the entire short and medium-term MA. ● MA5 cuts up to MA10 and MA20 creates a bullish structure. ● The sharp increase in volume shows that the cash flow is returning. ● After the accumulation period around 0.90–0.98, SUI successfully broke out the psychological resistance area of 1.00. Near support area: ● 1.08 – 1.10 ● Stronger support around 1.03 - 1.05 If it stays above 1.10, it is likely that the price will continue to expand its upward momentum to the following regions: ● 1.18 ● 1.25 ● Further can be aimed at 1.35 if the market is favorable. It is worth noting that MA120 is currently around 1.055 and the price has broken out above this area, which is usually a positive medium-term reversal confirmation signal. Reasonable strategy: ● Buy when the retest price 1.10 - 1.12 ● Or wait for a definitive breakout of 1.15 to follow the momentum ● Stoploss below 1.05 for risk management. Currently, SUI is in the group of coins with a strong bull structure, suitable for both short-term swing and medium-term hold if Bitcoin continues to be stable.

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