$SUI #SUI🔥

* SUI/USDT on the 1H frame

1. Overview of the trend

Current trend: Short-term upward

Price is above the MA(7), MA(25), and MA(99), indicating that buying pressure is dominating.

Trading volume: Strong increase, confirming that the upward momentum has real support.

2. Technical indicator analysis

RSI (6): 67.2

Near the overbought zone (70), but not too hot yet.

Signal: Neutral – may continue to rise, but caution is needed for divergence if any.

MACD

DIF (0.0261) is above DEA (0.0189), positive histogram, indicating that the upward trend is still ongoing.

Signal: Slight continuation upward (bullish crossover is still valid)

Stochastic (K: 69.9, D: 54.6, J: 100.5)

J is high and has exceeded 100 → short-term overbought signal.

Signal: May slightly adjust or sideways before continuing.

3. Short-term support & resistance areas

Nearby resistance: 4.0685 (recent peak)

Nearby support: 3.9561 – MA(7) and the area of recent candle confluence

Strong support: 3.83 – MA(99)

4. Trading suggestions

- Spot trading:

Entry: 3.98 – 3.95

TP1: 4.07 (previous peak)

TP2: 4.15 (Fibonacci extension + psychological resistance)

SL: 3.89 (below MA25 + support candle area)

- Long order (Future/Perp)

Entry: 3.96 – 3.98

TP1: 4.07

TP2: 4.15

SL: 3.89

Risk: R:R ratio about 1.5 – 2.0, should keep leverage below x5 to manage risk.

- Short order (if price breaks support)

Should not enter a short order unless MA25 and MA99 break confirmation. If so:

Entry: Below 3.88

TP1: 3.83

TP2: 3.78

SL: 3.95

5. Summary

Main signal: Prioritize buy orders/trade as long as the price remains above MA(25).

Consider taking profits gradually if RSI > 75 and MACD shows divergence.

Should not enter short at this time unless there are signs of breaking strong support.