Short-selling direction analysis
1. Technical chart structure analysis
1. Daily candlestick chart analysis (medium to long-term)
After the bullish rebound to 3.87, it encountered resistance, currently not effectively breaking through, still in range consolidation;
MACD near the zero line is dull, showing signs of divergence;
If it fails to hold 3.6-3.63, it will face the possibility of another decline.
2. Four-hour chart analysis (medium-term pullback)
The structure shows a spike and drop, with the top at 3.87 to 3.9 forming obvious resistance;
EMA5 bends downward, short-term momentum weakens;
If it breaks below 3.45, it may trigger a level correction.
3. One-hour chart analysis (short-term structure)
Recent high-level fluctuations but volume does not keep up;
Resistance zone repeatedly blocked in the 3.61-3.63 area;
Can be seen as a double top or the initial appearance of an M formation.
2. Bearish trading strategy
Entry point: near 3.5200
First take profit level: 3.4670
Second take profit level: 3.4190
Stop loss level: 3.6060
3. Logical summary:
If high positions continue to increase without rising, 3.87 becomes an important defense line for bears. If SUI continues to weaken and falls below 3.45, it may accelerate the correction, highlighting short-term bearish opportunities. Suitable for aggressive players to attempt short opportunities, with risk control as a prerequisite.
