$SUI
【SUI August 14, 22:00 Real-time Market Analysis】
Technical Analysis
Short-term Support: $3.90 to $3.92, with key support at $3.85 below.
Short-term Resistance: $4.00 to $4.05, a breakout may test $4.10.
MACD (4 hours): Momentum bars shortening, signal line trending towards convergence, indicating indecision in short-term direction.
RSI (4 hours): Approximately 54, in a neutral to strong range.
Moving Averages: 10EMA and 20EMA still maintain a bullish alignment, but the angle is flattening.
On-chain and Funding Perspective
TVL: Approximately $2.185 billion, with a slight increase of about 1% in 24h.
Active Addresses: Maintained at over 1.2 million in the last 24h, trading activity remains high.
Funding Rate: Mainstream exchanges +0.012%, market sentiment is neutral to bullish.
OI (Open Interest): Approximately $920 million, unchanged from yesterday, indicating a cautious sentiment among funds.
Operational Suggestions
Bullish Outlook: If the price firmly holds at $3.90 with increased volume, consider light positions for a long, targeting $4.00 to $4.05, and gradually looking towards $4.10 after a breakout, with a stop loss at $3.88.
Bearish Outlook: If it breaks below $3.90 with increased volume, consider short positions, targeting $3.85 to $3.82, with a stop loss at $3.93.
Overall Suggestion: Currently, the market is primarily in consolidation; positions should be light, waiting for a clear direction to increase holdings; pay close attention to changes in trading volume and key support/resistance levels.
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