๐ Key Changes from Previous
๐ฐ Price: $3.0398 (+1.17%) โ rebound from $2.9422 low
๐ Volume: 4.34M SUI (vs 5-day avg 45.73M) โ ๐ป ~90% drop
๐ RSI: Crashed to 32.04 โ ๐งจ Oversold zone
๐ MACD: Bearish momentum accelerating (Histogram -0.0190)
โ ๏ธ Key Event: Rejected at $3.0859 & below all EMAs โ ๐ป Bearish structure
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๐ Key Metrics
๐ Current Price: $3.0398
๐ EMAs:
EMA 7: $3.1995
EMA 25: $3.3394
EMA 99: $3.2282
๐ RSI(6): 32.04
๐ MACD Histogram: -0.0190 (bearish divergence)
๐ Volume: 4.34M vs 45.73M avg
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๐ Technical Breakdown
1. ๐ Trend Structure:
๐ป Bearish EMAs: Price < EMA7 < EMA25 < EMA99
๐ MACD cross with accelerating red bars
๐ต RSI in oversold zone, no bullish divergence
๐ค Volume collapse = buyer exhaustion
2. ๐ Support & Resistance:
Support: $2.9422 โ $2.8500 โ $2.8000
Resistance: $3.0859 โ $3.0936 โ $3.1995 (EMA 7)
3. โ๏ธ Bias: Bearish until breakout & close above $3.20 ๐บ
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๐ฎ Price Prediction
โฑ๏ธ 12โ24h Outlook
๐ Base Case (80%): Rejection at $3.08 โ $3.0000 โ retest $2.9422
๐ Bull Case (20%): Break above $3.0936 โ test $3.1995 (EMA 7)
๐ 3-Day Outlook
๐ป Below $2.9422 = targets $2.8500 โ $2.8000
๐ข Above $3.3394 = trend reversal confirmation
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๐ง Trade Plan
โก Intraday Trades
1. ๐ป Short Scalp
Entry: $3.0400โ$3.0600
Targets: $3.0000 โ $2.9700
SL: $3.0800
Confirm: 15m bearish candle near resistance ๐ฏ๏ธ
2. ๐ชค Breakout Fade
Entry: $3.0700
Targets: $3.0400 โ $3.0100
SL: $3.0900
Trigger: Volume <5M SUI ๐
๐ป Swing Trades
1. ๐ฃ Breakdown Short
Entry: $2.9500
Targets: $2.9000 โ $2.8000
SL: $2.9700
Trigger: RSI <30 + volume spike ๐
2. ๐ Aggressive Long
Entry: $2.8500
Targets: $2.9422 โ $3.0000
SL: $2.8300
Confirm: 4H hammer ๐ฏ๏ธ + volume >30M ๐
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โ๏ธ Risk Parameters
๐ผ Position Size: โค2% of capital
๐ Max Risk: 0.8% per trade
๐ฏ Take Profit:
Shorts: 50% at $3.0000, 50% at $2.9500
Longs: 50% at $2.9700, 50% at $3.0000
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๐จ Critical Triggers
- ๐ด BEARISH CONFIRMATION:
! Rejection at $3.0859
! RSI <30
! 4h close <$2.9500
! Volume >40M on breakdown
+ ๐ข BULLISH REVERSAL SIGNS:
! Close >$3.1995
! RSI >40
! MACD Histogram > -0.010
! Volume spike >35M
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๐งพ Summary
SUI/USDT is showing signs of a dead cat bounce ๐ชฆ:
โ Rejected at $3.0859
๐ Below all EMAs
๐ Volume collapse = no strength in rebound
๐ Top Trade Ideas:
1. ๐ป Short at $3.0500 (SL $3.0800)
2. ๐ฃ Breakdown short below $2.9500
3. ๐ Aggressive long only near $2.8500 (with confirmation)
> โ ๏ธ Warning: Volume (4.34M vs 45.73M avg) = classic bear continuation sign.
๐ฏ Avoid long trades above $3.00 until clear reversal.
Take Trade From here ๐ $SUI
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