🚀 SUI is as fierce as a tiger! Is it a rush to the top or a pullback to catch people? Old Wu will break down the closing logic for you! 🚀

Dear family members, friends, good afternoon! I am your Old Wu. ☕️

The recent market movements have really got people's adrenaline soaring! Especially SUI, which we've been watching all along—this trend is simply unreasonable, directly entering "crazy surge" mode! Many fans have private messages asking me: "Old Wu, it's risen so much, can I still chase?" "I just got out of a position, should I sell now?" Don’t worry, let’s first have a sip of tea, click follow, and Old Wu will explain the logic to you in the most straightforward way!

📈 Market status: The strong get stronger, who is buying?

Look at the chart, SUI is currently bouncing around $1.26 - $1.30. This wave of rise is not just air positive, behind it is real "institutional support."

Institutional entry: CME futures, SUI spot ETF (TSUI) chain explosions, indicating large funds have entered to control the market.

Weekly increase of 40%: This slope of rise is a typical "short squeeze" pattern.
Old Wu’s comment: SUI now is like a wild horse running free, shorts are being blown out completely. 😱💸

🔍 Key level analysis:

🔴 Resistance above: $1.35 & $1.41

$1.35 is a hurdle; it hit several times today but didn’t get through, indicating short-term profit-taking is happening here.

If volume breaks through and stabilizes above $1.41, brothers, that’s the starry sea! The next target directly looks above $1.75! Doubling the target is not a dream! 🚀🌕

🟢 Support below: $1.20 & $1.13

$1.20 is the position Old Wu values most. As long as it doesn’t close below this, the bullish trend remains.

If it pulls back to around $1.13, Old Wu thinks that’s not a fall, but “the God of Wealth sending red envelopes,” a pullback to catch those who haven’t bought in yet.

Although it looks exciting, Old Wu has to pour cold water on you. 🧊🚿
The current RSI has already surged to 84! What does that mean? It’s called “severe overbought.” The market is a bit overheated now, and there’s a strong short-term pullback demand.

Old Wu’s advice:

1. Avoid chasing high: Don’t try to push at resistance levels like $1.35, or you might get caught at the top and get blown cold.

2. Take profits gradually: Family members who have taken some gains can consider selling part of their position, locking in profits is always safe.

3. Set stop-loss properly: Profits are given by the market, but your principal is yours. Don’t fight the market to the death. #山寨币资金回流 #sui $SUI