SUI's recent trend caught my attention, and it's quite interesting. Dropping from 1.43 to 1.42 seems calm, with only a 0.75% decline, but trading volume surged by 37%—this is noteworthy. Usually, such divergence between volume and price indicates either the main force testing the market response or funds quietly entering.

Looking at the technicals, the tug-of-war between bulls and bears is even more evident. At 21:15, the RSI was still below the 50 line, indicating bearish dominance. But just half an hour later, the RSI broke through the 50 line, and the bulls quickly gained momentum. This reversal speed can't be explained by a normal correction. Meanwhile, the MACD showed a golden cross at 22:00 and stayed above the zero line, and the Bollinger Bands broke through the upper band—these are strong bullish signals.

But we need to pause here. The KDJ formed a death cross at 22:30, and at 22:45, it even showed a top pattern. Short-term correction risks cannot be ignored. So, the current situation is a stalemate between bulls and bears, and a simple judgment of a one-sided trend isn't appropriate.

From the moving average structure, the price is firmly above MA5, MA10, MA20, and MA50, indicating a bullish alignment. The support level below is crucial—1.39 has been tested multiple times without breaking, showing good support strength.

My view is that SUI is currently in a consolidation phase, building a bottom. 1.42 has become the key resistance level; whether it can be broken determines the next move. If broken, the target range is 1.45-1.48; if it pulls back, holding the 1.39 line is essential as a lifeline.

For trading strategies, I recommend gradual entries. Consider buying around 1.39 with a stop-loss below 1.38. For short-term trading, reduce positions above 1.42 and wait for the next correction to re-enter.