📊 $SUI – Holding above $4, upward momentum continues but many Long positions
🗓️ Thursday, 14/08/2025
📰 Money flow rotating to L1/altcoin; risk-on sentiment supports the rebound.
💰 Current price: ~4.07 — higher than EMA7 ~3.73; EMA25 ~3.73–3.79; EMA99 ~3.43 → uptrend maintained.
📈 RSI(6/12/24): 68.0 / 60.5 / 57.3 (approaching slight overbought); MACD narrowing negative and trending upward → momentum improving.
📊 Futures: OI ~93.4M SUI (~$374M) sideways; Long/Short ratio across the market ~2.33–2.36, Top trader Accounts ~2.58 & Positions ~3.27 (leaning Long); slight positive Funding → probability leans LONG but can easily shake due to crowded longs.
⚡ Small positive basis and increasing → positive sentiment, slight FOMO.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 57%
📍 Entry (Buy zone): 3.95–4.05
🎯 TP1 (Take profit 1): 4.30 ~ +7.5% compared to Entry
🎯 TP2 (Take profit 2): 4.60 ~ +15% compared to Entry
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💡 Did you know?
Taker Buy/Sell Volume reflects proactive market orders. When Taker Buy exceeds Sell while prices rise, upward momentum is “pushed” by buyers; conversely, declining Buy and increasing Sell may signal exhaustion and potential pullback.