Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Late-night monitoring, let's take a look at the latest trend of SUI.
As of the observation time, SUI is quoted at $1.850000. From a technical perspective, this wave of market is currently experiencing a retracement and consolidation phase. The RSI indicator is at 38.0, clearly showing an oversold signal. It may look a bit alarming at first glance, but think from another angle — this is actually a buildup process, just like a spring being compressed to its lowest point, with the most energy for a rebound.
Let's review the key levels: support at $1.776000, resistance above at $1.924000, and the critical breakout level in the middle is $1.896200.
The fundamentals still have some points of interest. The SUI ecosystem is expanding, with frequent official updates on new features, and ecosystem partnerships are continuously deepening. These actions are enough to indicate that the project still has heat and momentum.
The trading idea is as follows: if SUI can hold steady above $1.850000 and effectively break through $1.896200 upwards, that would be a good long signal; conversely, if it falls below $1.776000, you should decisively exit and wait, avoiding any wishful thinking. The most important thing in trading is to stay alive to see the next wave of market, control risk exposure, and prevent a retracement from disrupting your annual plan.
It's late at night, everyone should not stay up too late. See you tomorrow.