Recently, I've been watching the trend of SUI and have noticed some interesting signals. The trading volume on the 30-minute chart has surged by 45.1% in the past couple of days. Such a surge in volume is often not without reason.
From a price perspective, SUI is currently hovering around 1.8114 USDT, but what’s more noteworthy is the key support line below—1.8016 USDT. On the 1-hour chart, the importance of this level is self-evident. More broadly, the range from 1.756 to 1.8018 forms a relatively solid support zone.
This level is quite interesting, as it is close to support and accompanied by a noticeable increase in trading volume. Based on this situation, if you want to go long, you can place an order near 1.8016. As for take profit, my target is at the resistance level of 1.8566—that's where recent resistance is more clearly observed.
Honestly, such abnormal movements in volume usually indicate that the market may start to show some action. At this point, it’s crucial to closely monitor SUI’s next moves to see if it’s really about to launch.
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BearHugger
· 01-11 19:15
Trading volume increased by 45%? You really need to take a serious look, but I still think the 1.8016 level feels a bit fake.
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With such a thick support zone, it seems like SUI has a chance this time.
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Wait, does a surge in trading volume necessarily mean you should jump in? Who can guarantee that the price won't suddenly reverse?
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Whether 1.8566 can really be hit depends on the market’s mood; for now, I’ll just observe.
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This abnormal trading volume is indeed interesting, but the worst-case scenario is a fake-out that traps traders.
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The support is right there; it all depends on whether it can truly hold.
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CryptoMom
· 01-11 05:53
Trading volume surged by 45.1%, which is definitely worth pondering. SUI is looking interesting this time.
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I'm also watching the 1.8016 support level, just see if it can hold.
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The combination of volume and price is so good, it feels like it's about to move.
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It's both support and resistance, in other words, just waiting for the breakout moment.
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I've also placed an order around 1.8016, just to see if I can catch the bottom.
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I've experienced many such abnormal volume movements; nine times out of ten, there will be a shakeout afterward.
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Taking profit at 1.8566? That seems a bit conservative. Why not aim higher?
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Wow, the level of detailed analysis makes me want to follow along.
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I really hope SUI will take off this time; I’ve been trapped for a long time before.
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With such strong volume, if it doesn’t move, that would be really strange.
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ConsensusDissenter
· 01-11 05:48
The trading volume is so intense, it feels like SUI is about to move actively.
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Is the 1.8016 line really that critical? We'll see if it breaks or holds.
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A 45% surge in trading volume, someone must be planning something.
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This is the first time I've heard detailed explanation of the support zone strategy. Let's see if it really rebounds.
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Is it always so precise with limit orders and take profits?
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Volume speaks for itself; I believe this logic.
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Can 1.8566 hold? What's the pressure above?
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It feels like standard technical analysis, but actual trading depends on temperament.
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The sudden surge in trading volume definitely attracts in-market players.
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Why did the key support suddenly become so important? I haven't heard about it before.
View OriginalReply0
GasFeeNightmare
· 01-11 05:43
Staring at the market again late at night, the trading volume does seem to have some substance... I'm also watching the 1.8016 level, just worried it might be a false breakout, wasting gas fees on follow-up trades.
View OriginalReply0
MissedAirdropAgain
· 01-11 05:38
Such a strong momentum, it feels like something is about to happen
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GateUser-1a2ed0b9
· 01-11 05:34
The trading volume is surging so strongly, it feels like something is happening.
Recently, I've been watching the trend of SUI and have noticed some interesting signals. The trading volume on the 30-minute chart has surged by 45.1% in the past couple of days. Such a surge in volume is often not without reason.
From a price perspective, SUI is currently hovering around 1.8114 USDT, but what’s more noteworthy is the key support line below—1.8016 USDT. On the 1-hour chart, the importance of this level is self-evident. More broadly, the range from 1.756 to 1.8018 forms a relatively solid support zone.
This level is quite interesting, as it is close to support and accompanied by a noticeable increase in trading volume. Based on this situation, if you want to go long, you can place an order near 1.8016. As for take profit, my target is at the resistance level of 1.8566—that's where recent resistance is more clearly observed.
Honestly, such abnormal movements in volume usually indicate that the market may start to show some action. At this point, it’s crucial to closely monitor SUI’s next moves to see if it’s really about to launch.