The cryptocurrency market has rebounded at the beginning of the year, $SUI has staged a strong rebound driven by ecological benefits and capital inflows, with a 24-hour increase of 18% and a weekly surge of 38%.
The current price hovers around 1.94, hitting a two-month high. However, signs of a pullback are emerging amid the frenzy, and in the short term, traders can consider short positions within the 1.92-1.94 range, with a stop loss set at 2.02 and a target of 1.7 support below.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The cryptocurrency market has rebounded at the beginning of the year, $SUI has staged a strong rebound driven by ecological benefits and capital inflows, with a 24-hour increase of 18% and a weekly surge of 38%.
The current price hovers around 1.94, hitting a two-month high. However, signs of a pullback are emerging amid the frenzy, and in the short term, traders can consider short positions within the 1.92-1.94 range, with a stop loss set at 2.02 and a target of 1.7 support below.