$SUI

Main Data:

Current Price: 3.4401$

Highest Price in 24 Hours: 3.6020$

Lowest Price in 24 Hours: 3.2711$

Decline in Last 24 Hours: -3.33%

---

Technical Indicators:

1. Moving Averages (EMA):

EMA(7) = 3.4205

EMA(25) = 3.4467

EMA(99) = 3.5135

The current crossover indicates the beginning of an attempt to rebound after a decline, as the price has crossed above EMA(7) and approached EMA(25), indicating an upward attempt.

2. Stochastic KDJ Indicator:

K = 60.13, D = 57.58, J = 65.22

These values indicate a neutral zone, with a slight tendency to buy without clear overbought conditions.

3. MACD Indicator:

MACD is close to a positive crossover with the fast line moving above the slow line, enhancing the likelihood of a short upward wave.

4. Relative Strength Index

RSI = 58.01

Indicates moderate upward momentum, not in the overbought zone, allowing room for upward movement.

5. Volume:

There is a noticeable increase in trading volume in the area where the price touched the low of 3.2711, indicating strong buying in that area.

Proposed Scalping Plan:

Entry Point (Buy Entry): 3.43 – 3.44$ (if it holds above EMA 7 and a strong bullish candle appears)

First Target: 3.47$

Second Target: 3.50$

Stop Loss: 3.41$ or below the low of 3.40$ according to risk strategy

Note:

The trade relies on exploiting the current positive momentum but within a short time frame (15 minutes).

It is preferable to monitor the next candle to confirm the continuation of the upward trend.

In the event of a strong bearish candle, exit the trade immediately.