$SUI

Market Analysis on May 4, 2025: SUI/U (Not Investment Advice)

1. Chart Structure Overview (1 Hour Chart, BINANCE)

Current SUI price has broken below the symmetrical convergence structure, entering a critical decision area.

2. Key Technical Structure Analysis

1. Chart Structure:

• A clear descending triangle pattern has formed (constructed by two yellow trend lines);

• The lower boundary horizontal support is approximately around 3.25 U and is currently being tested;

• The upper boundary continues to apply downward pressure, forming short-term bearish suppression.

2. EMA Signals:

• EMA20 (blue line) is applying high-level resistance;

• EMA5 and EMA20 are continuously diverging, indicating weak rebounds.

3. Perspective from the Theory of Waves:

• Recent decline is part of the b-segment downward movement, still evolving within a large-scale central oscillation;

• If the price effectively breaks below 3.25 U, there is potential to test the 3.15 ~ 3.10 range;

• If there is an ineffective pullback after the break, a divergence pullback would signal a short position.

4. Trading Plan in the Chart:

• Short Entry Point: 3.2523 U

• Stop Loss Level: 3.3742 U

• Target Price: 3.1449 U

• Risk-Reward Ratio: Approximately 1.59

5. Trading Suggestions:

The current structure is a typical “breakdown” model; pay attention to whether a volume breakout is confirmed;

If effective breakdown occurs, there are clear opportunities for short positions;

If it fails to drop and rebounds above 3.32, then wait for structural reconstruction or switch to another coin.