The SUI market is quite interesting this time. The price is currently stuck at 1.48, with the 7-day, 25-day, and 99-hour MAs at 1.47, 1.45, and 1.44 respectively, and the long positions are relatively stable.
The real highlight is whether it can break through the barrier of 1.50 to 1.52 above — this is the short-term resistance level and also the recent high point. If it breaks through beautifully, the space up to 1.55 to 1.60 will open up.
Looking down, 1.47 to 1.45 is the first support, and deeper at 1.3268 the shaky low point is the real support.
The trading volume is currently lukewarm, with scattered buying pressure. To see a real continuation of the rise, it is crucial to stabilize above 1.50, and there must be accompanying volume as well. Otherwise, it will just be a false signal.
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GateUser-74b10196
· 12-22 15:49
Stuck at 1.48 is such an awkward position. If it can't break 1.50, it's just a feint; we need to see if the volume will be strong.
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ForumLurker
· 12-22 15:37
1.50 This hurdle is a touchstone; if it can't be broken, it's all for nothing.
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Trading Volume is too thin; this kind of market, to be honest, is just a bluff.
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Waiting to see if 1.50 can hold; otherwise, it's really just playing a game of feigned attacks.
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The long positions pattern is stable, but I'm afraid the volume can't keep up; when that happens, it's going to be a mess.
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To be honest, the probability of breaking through the 1.50 to 1.52 hurdle is low with such poor volume.
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What’s the point of scattered buying? I’m not optimistic about a market without institutional following.
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The key is still volume; any rise without volume is just an illusion.
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Stuck at the 1.48 position is a bit awkward, feeling weak upward.
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The target of 1.55 is quite tempting, but the question is how to get there?
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MetaverseVagrant
· 12-22 15:36
If you can't get past this hurdle of 1.50, then you'll still be played for suckers.
The SUI market is quite interesting this time. The price is currently stuck at 1.48, with the 7-day, 25-day, and 99-hour MAs at 1.47, 1.45, and 1.44 respectively, and the long positions are relatively stable.
The real highlight is whether it can break through the barrier of 1.50 to 1.52 above — this is the short-term resistance level and also the recent high point. If it breaks through beautifully, the space up to 1.55 to 1.60 will open up.
Looking down, 1.47 to 1.45 is the first support, and deeper at 1.3268 the shaky low point is the real support.
The trading volume is currently lukewarm, with scattered buying pressure. To see a real continuation of the rise, it is crucial to stabilize above 1.50, and there must be accompanying volume as well. Otherwise, it will just be a false signal.