SUI has surged pretty aggressively this round, shooting straight up to $1.757, with a single-day spike of over 30%. Technically, things look pretty healthy—not only did it break through the previous downward resistance, but it also broke above the upper Bollinger Band, and the moving averages are now in a textbook bullish alignment.
On the indicators side, the MACD golden cross combined with RSI bullish divergence shows that buying pressure is indeed ramping up. The $1.33 and $1.309 levels below are pretty solid support zones, while you should watch out for resistance around $1.78 above.
At the current $1.757 level, you could try a small position to test the waters and see if it can reach the $1.78–$1.80 range, but remember to set a stop-loss at $1.72. If it really pulls back to around $1.33 and holds, then you could consider adding to your position. But in such a sharp rally, don’t just blindly chase the pump—it’s easy to get caught holding the bag.
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SingleForYears
· 6h ago
Oh my, this surge is insane, it's at 1.757? I only went in with half my position yesterday, now I'm a bit anxious—should I add more?
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MEVHunterWang
· 12-03 11:46
Damn, this surge really startled me. I thought there was going to be another dump.
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MEV_Whisperer
· 12-03 11:31
Oh man, this SUI move is really fierce. I just said yesterday that I would stay on the sidelines, and now it totally proved me wrong. 1.757 is definitely an attractive level, but I'm still a bit hesitant. Usually, when something surges 30% in a day, it's often a funeral ceremony for those buying at the top.
SUI has surged pretty aggressively this round, shooting straight up to $1.757, with a single-day spike of over 30%. Technically, things look pretty healthy—not only did it break through the previous downward resistance, but it also broke above the upper Bollinger Band, and the moving averages are now in a textbook bullish alignment.
On the indicators side, the MACD golden cross combined with RSI bullish divergence shows that buying pressure is indeed ramping up. The $1.33 and $1.309 levels below are pretty solid support zones, while you should watch out for resistance around $1.78 above.
At the current $1.757 level, you could try a small position to test the waters and see if it can reach the $1.78–$1.80 range, but remember to set a stop-loss at $1.72. If it really pulls back to around $1.33 and holds, then you could consider adding to your position. But in such a sharp rally, don’t just blindly chase the pump—it’s easy to get caught holding the bag.