#中秋交易分享 + #Gate广场中秋团圆局

For me, the Mid-Autumn Festival is not just an occasion to share my portfolio, but also a great opportunity to review my recent trades and look ahead to future market scenarios.

One of the assets I have been tracking recently is SUI. I opened a long position on SUI at the $1.0046 level using 10x leverage.

My trading thesis is based on the idea that SUI could gather momentum in the $1.00 region and go on to test higher resistance levels.
Trade Summary

* Asset: SUI
* Position: Long
* Entry: $1.0046
* Leverage: 10x
* Reference price: $1.1354
* Price change since entry: approx. +13.01%
* Theoretical position return with 10x leverage: approx. +130.16%

Technical Outlook for SUI

SUI has been showing significant price action recently. Market data from September 25 indicates strengthening short-term momentum for SUI, alongside high volatility. While some moving averages are signaling a buy, short-term indicators are presenting mixed signals.

Additionally, recent developments in the SUI ecosystem—such as the launch of the DeepBook application, stablecoin payments, and institutional finance infrastructure—are noteworthy. Sui’s official blog highlights DeepBook as the infrastructure supporting a trading volume exceeding $20 billion. Support Zones

1. $1.10–$1.12 zone

This is the primary zone to watch in the short term.

If the price fails to sustain levels around $1.13–$1.14 and pulls back, holding the $1.10 area could be crucial for maintaining the short-term bullish structure.

Staying above this zone could pave the way for the price to re-test upside resistance levels.

2. $1.00–$1.01 zone

The $1.0046 level—which is also my trade entry point—is psychologically significant.

The $1 level is also closely watched by the market due to "round number psychology."

Therefore, the area around $1.00 serves as a key major support/retest zone for me.

Significant price action was previously observed around the $1 mark during earlier market movements. (Pluang)

3. $0.94–$0.95 zone

The zone to watch in the event of a deeper correction is approximately $0.94–$0.95.

Recent market analyses have identified the $0.94, $0.90, and $0.85–$0.86 zones as support areas for SUI.

SUI Resistance / Selling Zones

1. $1.13–$1.15

This is the price zone where my current trade is positioned.

If the price sustains a position above $1.1354, testing new resistance levels could come into play while locking in existing profits.

However, if sharp selling occurs in this zone, it is possible that a portion of the position's profits could be given back. 2. $1.18–$1.20

The next key psychological resistance zone.

If the price manages to hold above $1.15, the $1.18–$1.20 range can be monitored.

Investors might consider taking profits incrementally in this zone.

3. $1.25–$1.30

The next zone to watch in a stronger bullish scenario.

Technically, if a high-volume breakout above $1.20 occurs, there is a possibility the market could test $1.25 and beyond.

However, these levels are not guaranteed targets; they are merely scenarios and zones to monitor from a technical perspective.

While SUI rising approximately 13% from the entry point is a positive move for spot investment, the same movement translates to a margin return of around 130% on a 10x long position.

Conversely, even a movement of just a few points in the opposite direction could have a much greater impact on the margin.

My SUI Plan for the Mid-Autumn Festival

For me, the critical levels are as follows:

Support:

* $1.10–$1.12
* $1.00–$1.01
* $0.94–$0.95
* $0.90

Resistance / profit-taking zones:

* $1.13–$1.15
* $1.18–$1.20
* $1.25–$1.30

The key idea is to monitor whether the price holds above $1.00 and whether it can break through the $1.15–$1.20 zone with significant volume.

On the other hand, the token unlock schedule for SUI should not be overlooked. According to the current schedule, the next unlock is planned for October 3, 2026, involving approximately 23.4 million SUI; this amount represents about 0.2% of the total supply and roughly 0.6% of the current market capitalization.

Therefore, developments on the supply side should be monitored just as closely as the technical outlook.

My SUI trade during the Mid-Autumn Festival:

$1.0046 → $1.1354

This movement represents a spot price increase of approximately 13.02%. Since the position was a 10x long, the simplified margin return stands at around 130.2%.

For me, the critical issue moving forward is no longer just the price rising, but how to manage the profit.

While maintaining the $1.10–$1.12 zone as support is worth watching for the continuation of the bullish scenario, the $1.15, $1.20, and $1.25 levels can be monitored as zones for incremental resistance and potential profit-taking.

While developments such as stablecoin payments and institutional finance infrastructure continue within the SUI ecosystem, the market also carries risks associated with high leverage and token unlocks.

In short, my SUI story during the Mid-Autumn Festival is: a long position at $1.0046 with 10x leverage, resulting in a theoretical margin PnL of approximately 130% at the $1.1354 level. All eyes are now on the maintenance of support levels and price behavior in the $1.15–$1.20 range.