2026-04-11 12:56:37

$SUI Currently around 0.9333 USDT. Do you think we should keep grinding higher, or is it about time for a pullback?

If I were to give a conclusion first, I would lean more towards: it looks like a high-level divergence, not suitable for continuing to chase long positions.
Here's my main perspective:
First, the price is already close to the resistance zone, and the upside potential and risk-reward ratio are average.
Second, this rally seems more like an emotional surge, and the follow-through hasn't caught up yet.
To add one more point, TP1 targets 0.8R, TP2 targets 1R, and the remaining position follows the 5-minute EMA20 to protect profits.
Suggested entry price: 0.9396 USDT
Estimated target price: 0.8836 USDT
The point to exit if wrong: 0.9619 USDT
But the biggest risk at this level is that the bears might not have gained momentum yet and could be squeezed out first.

SUI-0,3%

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