$SUI The cryptocurrency is currently still in a bullish trend structure on the 1-hour chart. For friends who took short positions yesterday, those who set break-even stops have already exited. No need to worry; we will continue to wait for the next opportunity.

Currently, on the 1-hour timeframe, the lows are continuously being raised, and the highs are also gradually increasing, just not yet breaking the previous high of the main upward wave. The 4-hour timeframe is still moving along the 20 EMA moving average line, showing a very healthy trend. The daily chart is in an extreme consolidation phase, waiting for a breakout above the previous high at any time.

The SUI community is also constantly receiving various positive news. From the current trend and position, combined with favorable news, the possibility of a breakout upward is quite high. You can consider opening a long position; now is also a relatively good entry opportunity. I will observe further and then issue a strategy card, setting limit orders to enter the market.