$SUI
📈 SUI/USDT Trading Analysis – Smart Entry Strategy!
📊 Market Snapshot
Current Price: $3.03 (+5.71% today)
30-Day Performance: 🔻 -21.08%
24h Range: $2.8512 → $3.0430
Volume: 🔻 Declining trend
MA5 Volume: 4.34M
MA10 Volume: 6.80M
Trend Overview:
🟢 Short-term bullish (price pump today)
🔴 Medium-term bearish (MAs sloping downward)
---
📐 Key Technical Levels
1. Moving Averages:
MA(7) = 🟢 $2.9710 (support)
MA(25) = 🔶 $3.1005 (resistance)
MA(99) = 🔴 $3.2266 (major resistance)
2. Volume Signal:
Current volume is weak, showing low momentum.
A volume breakout is essential to confirm any upward movement.
3. Recent Performance:
7-Day Return: 🔻 -6.95%
30-Day Return: 🔻 -21.08%
🔎 Dominant trend = Bearish
---
🎯 Trading Strategy
✅ Buy? Not Yet Confirmed
Wait for a clean breakout above $3.1005 (MA25) with strong volume to validate entry.
Without volume support, this pump could be a trap.
---
🟢 Entry Zones (Aggressive Traders):
1. $2.95 – Near MA7 support
2. $2.85 – If price strongly bounces from the 24h low
---
🔴 Stop-Loss
Set below key support: $2.80
---
🟡 Take Profit Targets
1. $3.15 (≈5% gain)
2. $3.25 (≈7% gain – MA99 resistance)
3. $3.35 (≈11% gain – strong scalp zone)
---
🧠 Strategy Rationale
Today’s upward move lacks volume confirmation, so upside may be short-lived
Bearish pressure remains (MA99 > MA25 > Price)
Volume is key to confirmation – watch for a spike near resistance
Risk/Reward at $2.95 entry = favorable (1:2+)
---
📌 Final Tip
Use the 4H chart for precision entries.
If price fails to hold above $3.10, skip long positions.
📉 Also monitor Bitcoin's price action — it often drives altcoin moves.#SaylorBTCPurchase