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Recently, SUI's performance has attracted attention. On the 30-minute candlestick chart, trading volume suddenly surged by 139.2%, and such abnormal fluctuations in volume usually do not occur without reason.
The current price is stuck around 1.4437 USDT. Looking downward, the recent support level is at 1.4327, which is only about 0.36% away from the current price. The support zone is approximately between 1.4156 and 1.4327. This level is actually very close, and from a technical perspective, it is a noteworthy entry point for a long position.
Following conventional trading strategies, one might consider placing a buy order around 1.4327, with the target set at the resistance level above at 1.4716. Of course, a sharp increase in volume often indicates that the market is gearing up for a move, so it is important to closely monitor subsequent developments, as market changes are always faster than expected.