📊 $SUI – Holding above EMA, LONG strength dominates
🗓️ Wednesday, 13/08/2025
📰 Robinhood hints at listing → price +5%; Grayscale launches product targeting SUI/DeFi; unlock ~$162M creates supply pressure.
💰 Current price ~3.91 — above EMA7/25/99, slight upward trend.
📈 RSI(14) ~56 neutral-leaning bullish; MACD slightly positive, momentum recovering.
📊 Futures: OI ~$353M (stable); Long/Short (accounts) ~2.1↑ & (positions) ~2.9 (leaning Long); funding +0.01% → Long pays fee. Trend probability: LONG ~62%.
⚡ Slightly positive basis (contango) → cautiously optimistic sentiment; note the risk of fluctuations from unlock.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 62%
📍 Entry (Buy zone): 3.85
🎯 TP1 (Take profit 1): 4.05 ~ +5.2% from Entry
🎯 TP2 (Take profit 2): 4.25 ~ +10.4% from Entry
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💡 Did you know?
The Long/Short Ratio has two types: by “accounts” counts the number of traders, while “positions” measures by position volume. When L/S (accounts) increases but OI is flat, it could indicate retail money chasing; combine funding and basis to assess squeeze risk.
