Analysis for the trade $SUI /USDT with entry points:
1. Key technical levels
- Current price: $2.6511 (+20.61%)
- Support:
- $2.50–2.55 (large buy orders: 1.17M SUI)
- $2.38 (EMA 25 + liquidity level)
- $2.24 (EMA 99, long-term support)
- Resistance:
- $2.65–2.68 (nearest sell walls: 277K SUI)
- $2.80 (psychological level)
- $3.00 (liquidity zone)
2. Order book (Balance of power)
- Buyers (Bids):
- $2.50–2.55: Huge clusters (1.17M SUI) – strong support zone.
- $2.60: Additional orders (310K SUI).
- Sellers (Asks):
- $2.65–2.68: Moderate volumes (187K–277K SUI) – weak resistance.
- $2.80: Minimal orders – potential for growth.
Conclusion: Buyers have an advantage, but a breakout of $2.68 is needed for continued growth.
3. Indicators and volumes
- MACD:
- DIF (0.0474) > DEA (0.0310) – bullish momentum.
- MACD (0.0164) in the positive – trend confirmation.
- Volumes:
- Current volume (3.22M SUI) below MA5 (2.53M), but above MA10 (1.51M).
- 24h volume: 89.84M SUI ($214M USDT) – high liquidity.
- Price dynamics:
- +20.61% for the day, +42.06% for 90 days – correction possible.
4. Entry points and take profits
🔵 Long (Buy) – Bounce from support
- Entry point: $2.50–2.55
- Confirmation:
- Rebound from $2.50 + increase in buying volume.
- MACD histogram continues to rise.
- Stop-loss: $2.47 (below the support cluster).
- Take profits:
- TP1: $2.65 (take 50%)
- TP2: $2.80 (take 30%)
- TP3: $3.00 (take 20%)
🔴 Short (Sell) – Breakout of support
- Entry point: $2.38–2.50 (upon breakout)
- Confirmation:
- Candle closure below $2.50 + increase in sales volume.
- MACD moves into the negative zone.
- Stop-loss: $2.55 (above the nearest resistance).
- Take profits:
- TP1: $2.24 (take 50%)
- TP2: $2.10 (take 30%)
- TP3: $2.00 (take 20%)
5. Risk management
- Risk per trade: No more than 1–2% of the deposit.
- R/R ratio: 1:3 (for example, SL $0.05 vs TP $0.15).
- Tactics for long:
- Upon reaching TP1 → move SL to breakeven ($2.55).
- At $2.80 → take 70% profit.
6. Critical factors
- Pros for long:
- Large buy orders at $2.50–2.55.
- MACD and EMA support growth.
- Risks:
- Correction after strong growth (+20.61%).
- Low sell walls – sharp pullback possible.
Summary
- Priority strategy: Long from $2.50–2.55 with TP up to $3.00.
- For short – wait for a clear breakout of $2.50.
- Important: Use limit orders and trailing stop due to volatility.
