SUI/USDT
Last Price: 3.6202 USDT
24h High: 3.6516
24h Low: 3.4200
Timeframe: 4H (4 Hours)
MA(7) = 3.5847 (Yellow Line)
MA(25) = 3.4347 (Pink Line)
MA(99) = 2.5449 (Purple Line)
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Chart Analysis:
Trend:
The trend is clearly bullish (uptrend). Price moved up nicely from the 2.17 area.
MA(7) > MA(25) > MA(99) โ This is a strong bullish alignment.
Support and Resistance:
Support 1: 3.5847 (near the 7 EMA)
Support 2: 3.4347 (near the 25 EMA)
Major Support: Around 3.1883 (previous consolidation area)
Resistance 1: 3.6516 (24-hour high)
Resistance 2: 3.8114 (recent swing high)
Volume Analysis:
Volume is decreasing a little โ indicating momentum is slowing for now.
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Key Observations:
Price is currently hovering near the 7 EMA (yellow line).
A breakout above 3.65 could push price towards 3.81.
If the price falls below 3.58, it might drop further towards 3.43.
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Suggestions:
If you want to go Long (Buy):
Safe Entry: Wait for a 4H candle close above 3.66-3.67.
Target 1: 3.81
Target 2: 4.00 (if momentum is strong)
Stop Loss: Just below 3.58.
If you want to go Short (Sell):
If price breaks below 3.58 and closes, consider a Short.
Target 1: 3.43
Target 2: 3.19
Stop Loss: Above 3.66.
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Simple Summary:
If price breaks 3.65 upward = Go Long (Buy).
If price breaks 3.58 downward = Go Short (Sell).
Currently, the market is consolidating and waiting for a direction.
