【$SUI ｜August 22nd TradeyAI Morning Market Professional Commentary】
Real-time price: Binance spot price is $3.4118, 24 hours -4.63%; Binance contract 24-hour high $3.5875/low $3.3792, trading volume 224 million SUI. Compared to about $3.45 we tracked last night at 20:30, it has slightly weakened and is still operating at the lower edge of the range we suggested of $3.45 to $3.60.
On-chain and ecosystem: Sui chain TVL is approximately $1.71 billion natively, and about $2.14 billion cross-chain; DEX 24-hour trading volume is approximately $517 million, on-chain 24-hour fees are about $32,100, with healthy capital accumulation and turnover providing a fundamental 'base' for the price.
Technical structure (4-hour): Pay attention to $3.40 to $3.45 as a defensive zone below; $3.60 as the primary confirmation level above, reclaiming and increasing volume can attempt the range of $3.70 to $3.80; if it falls back with low volume in the range of $3.58 to $3.60, it still belongs to range oscillation.
Operational suggestions
Confirm to go long: If a bottoming + volume increase occurs near $3.48 to $3.50, lightly test the long position (30 to 40%); if it effectively stands above $3.60 and volume increases, further add, target $3.70 to $3.80; unified stop-loss below $3.44.
Weak rebound to go short: If it rebounds to $3.58 to $3.60 and shows obvious low volume resistance, lightly look back at $3.50 to $3.45; once it firmly stands above $3.60, immediately stop-loss and exit.
Position discipline: Do not heavily position before the range is broken; confirm to add/stop-loss at breakouts to improve win rate, avoiding emotional trading.
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