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SUI has shown some obvious trading anomalies in the past two days, with the 30-minute K-line trading volume directly surging by 2129%. Such a sudden increase in volume often signals that the market is about to start moving.
Currently, the price is around 1.6925 USDT, with a relatively clear bottom support. The 1.6922 level is a key support, only 0.91% away from the current price. The support zone is approximately between 1.6775 and 1.6922.
From a trading perspective, considering going long near 1.6922 is reasonable, as the support is quite solid. If the price can hold this level, the resistance above is at 1.7519, which makes for a good profit target.
Overall, such a significant release of trading volume is not without reason. How the subsequent trend unfolds will require close attention.