🧵 $SUI Long strategy | Daily support retest, 4-hour stabilization



💬 Which coin needs analysis? Leave a comment in the comment section, only personal analysis sharing, not investment advice.

📌 News and market logic

On May 4th, CME launched SUI futures, opening institutional channels. The news was officially announced on April 7th, and market sentiment shifted from FOMO to waiting. Now that the price is retesting, it’s a good window for positioning.

📌 Technical analysis status

· Current price: around 0.917
· Daily chart: surged from 0.85 to 1.05 then retreated, currently back to support zone
· 4-hour chart: supported, volatility decreased, suitable for early entry

📌 Trading plan

· Entry: Light position at current price 0.917
· Stop loss: 0.875
· Take profit:
· TP1: 0.97
· TP2: 1.02 (after breakout, can take some profits as base position)
· Weekly target: 1.45

📌 Adding to position idea

If it breaks 1.02, there’s a high probability of a retest and confirmation move. You can wait for the retest to stabilize and then add to your position accordingly.

📌 Core logic

Daily support retest + 4-hour stabilization, CME catalyst lock-in. Currently, price volatility is low, suitable for positioning.
#WCTC交易王PK #SUI,
SUI0.23%
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