📊 $SUI – Funding negative, holding above EMA25: waiting for a bounce
🗓️ Tuesday, 12/08/2025
📰 Institutional accumulation (Mill City Ventures holds $316M SUI); booming ecosystem (DEX vol $14B, Summon.fun); waiting for SEC to review SUI ETF (by 01/2026).
💰 Current price ~ 3.71. Below EMA7 (≈3.75) but above EMA25 (≈3.68) & EMA99 (≈3.40) → mid-term trend remains positive.
📈 RSI(6/12/24) ≈ 48.8 / 50.8 / 52.4 → neutral; MACD(12,26,9) close to 0 → weak momentum but not bad.
📊 Futures: OI ≈ 356M USDT (slight decrease); Long/Short across the market ~2.20; Top trader: Accounts ~2.25, Positions ~2.75; Funding ≈ -0.005% → leaning LONG according to mean-reversion.
⚡ Basis slightly negative (light backwardation) → defensive sentiment, easy to squeeze if EMA25 is broken.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 56%
📍 Entry (Buying zone): 3.66–3.70 (around EMA25 ~3.68)
🎯 TP1 (Take profit 1): 3.85 ~ +4.6% compared to Entry
🎯 TP2 (Take profit 2): 3.98 ~ +8.2% compared to Entry
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💡 Did you know?
Top Trader Long/Short Ratio shows the position ratio of “whales.” When the index >2.5 while funding is negative, the market may be leaning towards LONG but under hedging pressure from the SHORT side – a “long squeeze” may occur if support is lost. Combine this index with OI and basis to assess the risk of reversal.
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