$SUI

Current price: $1.46 Long

Reason: Market news shows that SUI 24-hour contract funding has experienced abnormal inflows, indicating clear signs of major players positioning. As a Layer1 public chain, it is supported by fundamentals such as Mysticeti v2 consensus upgrade and TVL surpassing $1 billion. The 24-hour increase of 3.01% shows a steady upward trend; technically, the 1-hour chart shows moving averages in a bullish alignment, RSI at a reasonable 58 level without overbought conditions, and the MACD red histogram continues to expand, releasing bullish momentum. The 15-minute volume has increased by 35% compared to the previous half-hour, indicating strong buying support. The price has stabilized at the key support level of 1.42. Breaking through the 1.48 resistance level could open up further upside potential. Market sentiment and technical signals are resonating, suggesting a short-term bullish outlook. However, attention should be paid to TVL fluctuations and potential risks from on-chain liquidity shortages.