$SUI Analysis Updates
SUI ran very well last month, and it can be said that everyone is paying attention to it. At this time, it is only in the retracement period. As for the price it will retrace to, different analysts give different opinions, and there are also different opinions.
In any case, its base price is definitely a step higher than last year. Starting from a higher step, it should run farther and farther.
Moreover, the retracement of SUI will not fall straight down instantly, and assets will take an N-shaped line or a wave-like route with ups and downs.
At present, I will talk about my views on the short-term situation and trend of SUI.
At this moment, the price of SUI is 1.9384. It has retraced 38% of the recent band. It may continue to run down to the support price of 1.8888, and it may even fall to the vicinity of 1.84, and then rebound and rise.
There may be two nodes for the rebound price:
Around 1.9991
and around 2.04
I hope my analysis will help your trading analysis.
Happy trading everyone.
