📊 Current situation (24.05.2025):
- Price: $3.65 ▼0.29% (24h range: $3.54–$3.75)
- Critical levels:
- Resistance: EMA 50 ($3.73) / EMA 200 ($3.81) — strong 'umbrella' from above!
- Support: $3.54 (day's minimum) / $3.50 (psychological level).
- Indicators:
- RSI 45.68 — oversold boundary, but not yet a signal.
- MACD 0.0083 — histogram just above zero, but DIF/DEA is negative → weak momentum.
🤔 Is it worth buying now?
🚨 Risks:
- EMA 50/200 above the price → downtrend.
- Selling volumes (87M USDC) > buying volumes → pressure remains.
💎 Opportunities:
- If the price bounces off $3.54 with rising RSI — a chance for correction to $3.73.
- MACD may give a false signal — a confirming candle is needed.
📌 My strategy for SUI:
1️⃣ Conservative scenario (Waiting for the bottom):
- Entry conditions:
- Price tests $3.50 + RSI <40 (oversold).
- MACD (DIF) crosses DEA from below on the 4H timeframe.
- Stop-loss: $3.45 (below the local minimum).
- Take profit: $3.81 (EMA 200) → potential +8%.
2️⃣ Aggressive entry (Catching the bounce):
- Conditions:
- Closing candle above $3.60 with volume.
- RSI is starting to rise from the 40-45 zone.
- Stop: $3.53 (below the last minimum).
- Targets: $3.73 → $3.81.
💡 Checklist before buying:
✅ Check the volumes: Increase in purchases on 15M+ USDC — a signal for movement.
✅ Wait for confirmation: 2-3 green candles on 4H after breaking $3.60.
✅ Watch BTC/ETH: If large capitals fall — SUI will follow.
🎯 What to do right now?
- If there is no SUI in the portfolio: Waiting for $3.50–$3.55 with RSI/MACD signals.
- If there is a position: Lock in part at $3.73, the rest with a trailing stop.
👇 Your move!
- What levels do you consider key for SUI?
- Share your experience — have you caught similar corrections?
🔔 Subscribe — tomorrow I will explain how to trade against the crowd on small caps!