Analysis for the trade $SUI /USDT with entry points:
(Current price: $3.3446, -2.64% over 24h, moderate volatility)
1. Key levels and market context
- 24h range: $3.1157 (minimum) — $3.4421 (maximum).
- Support:
- $3.20–$3.25: Buy order cluster (total volume: ~1.2 million SUI).
- $3.15–$3.19: Additional zone (volume: ~600K SUI).
- Resistance:
- $3.33–$3.35: Strong sell wall (volume: ~540K SUI).
- $3.44: Maximum in 24 hours (psychological level).
Conclusion: The price is testing the resistance zone ($3.34–$3.35) after a decline.
2. Balance of power (Order Book)
- Buyers (49.47%):
- Main liquidity: $3.25–$3.33 (volumes from 220K to 463K SUI).
- Sellers (50.53%):
- Greatest pressure: $3.34–$3.35 (168K–373K SUI).
Momentum: Slight predominance of sellers, but the imbalance is minimal.
3. Indicators and trend
- Correction after growth (decline of ~2.6% over 24h).
- Key level for the trend: $3.44 (overcoming = resumption of growth).
- Volumes:
- High turnover ($1.46 billion USDT over 24h) — good liquidity.
Risks:
- A breakout at $3.33 may lead to a test of $3.20.
- Growth above $3.35 opens the way to $3.44.
4. Trade scenarios
🔵 Long (Buy) – Bounce off support
- Conditions:
- Bounce off $3.25–$3.30 + increase in buying volume.
- Closing candle above $3.33.
- Take-profits:
- TP1: $3.35 (50%),
- TP2: $3.40 (30%),
- TP3: $3.44 (20%).
- Stop-loss: $3.20 (below the support cluster).
🔴 Short (Sell) – Breakout resistance
- Conditions:
- Pullback from $3.34–$3.35 + increase in sell volumes.
- Take-profits:
- TP1: $3.25 (50%),
- TP2: $3.20 (30%),
- TP3: $3.15 (20%).
- Stop-loss: $3.44 (above the maximum).
5. Risk management
- Risk per trade: ≤2% of deposit (moderate volatility).
- R/R:
- Long: 1:3 (support is strong).
- Short: 1:4 (trend is neutral, but a breakout is possible).
6. Conclusion
- Priority: Long in the $3.25–$3.30 zone with confirmation of a bounce.
- Short: Only upon a repeated pullback from $3.35.
- Critical factors:
- Monitor volumes at $3.33–$3.35.
- News of the SUI project (e.g., ecosystem updates).
Recommendations
1. For conservative traders: Wait for a clear breakout at $3.35 or a bounce off $3.25.
2. For aggressive: Partial entry into long at $3.30 with a stop below $3.20.
3. Avoid trades during sideways movement ($3.30–$3.35) without confirmation of momentum.
#SUI #USDT #Трейдинг #Altcoins
🔍 Monitoring:
- Large orders in the order book ($3.20 and $3.35).
- Volumes on 15M/1H timeframes for trend confirmation.