SUI is currently trading around $1.390000, in an interesting technical pattern. The RSI indicator shows 45.6, indicating neither overbought nor oversold conditions. This lukewarm state often suggests the market is accumulating energy and may break out directionally at any time.

From a technical perspective, the support level is set at $1.334400. If this level holds, it indicates that buying pressure is relatively solid. Looking upward, the resistance level is at $1.445600, with a breakout point at $1.424700—this price is critical. If SUI can effectively break above this level, a subsequent upward trend could be on the horizon.

Currently, many traders are observing within this range, mainly because the signals are not yet clear. From an ecosystem perspective, the SUI ecosystem has recently launched several new projects, and the fundamentals have not weakened. Continuous innovation and application expansion by project teams have boosted confidence among optimistic investors.

Regarding trading strategies, it is recommended to adopt a phased position-building approach. Start with small positions near the support level to test the waters. Once the price stabilizes above the key level of $1.424700, consider adding to the position. This approach allows participation in potential upward movements while effectively managing risk. After all, the volatility in the crypto market is high, and even the most promising coins require strict risk management.

If the price falls below the support level of $1.334400, it’s necessary to reassess the strategy. Conversely, if the price successfully breaks through the resistance level, don’t rush to chase the rally; instead, wait for a pullback to key levels to add positions, which can optimize the entry cost.

In summary, this wave of SUI’s consolidation is like preparing for the next phase of the market. Patience and waiting for clear signals is the best approach. Remember to manage risk properly—don’t overextend your holdings just because you are optimistic. Reasonable position management is always the foundation for long-term stable gains.