$SUI
๐ SUI/USDT Trading Analysis โ Smart Entry Strategy!
๐ Market Snapshot
Current Price: $3.03 (+5.71% today)
30-Day Performance: ๐ป -21.08%
24h Range: $2.8512 โ $3.0430
Volume: ๐ป Declining trend
MA5 Volume: 4.34M
MA10 Volume: 6.80M
Trend Overview:
๐ข Short-term bullish (price pump today)
๐ด Medium-term bearish (MAs sloping downward)
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๐ Key Technical Levels
1. Moving Averages:
MA(7) = ๐ข $2.9710 (support)
MA(25) = ๐ถ $3.1005 (resistance)
MA(99) = ๐ด $3.2266 (major resistance)
2. Volume Signal:
Current volume is weak, showing low momentum.
A volume breakout is essential to confirm any upward movement.
3. Recent Performance:
7-Day Return: ๐ป -6.95%
30-Day Return: ๐ป -21.08%
๐ Dominant trend = Bearish
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๐ฏ Trading Strategy
โ Buy? Not Yet Confirmed
Wait for a clean breakout above $3.1005 (MA25) with strong volume to validate entry.
Without volume support, this pump could be a trap.
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๐ข Entry Zones (Aggressive Traders):
1. $2.95 โ Near MA7 support
2. $2.85 โ If price strongly bounces from the 24h low
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๐ด Stop-Loss
Set below key support: $2.80
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๐ก Take Profit Targets
1. $3.15 (โ5% gain)
2. $3.25 (โ7% gain โ MA99 resistance)
3. $3.35 (โ11% gain โ strong scalp zone)
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๐ง Strategy Rationale
Todayโs upward move lacks volume confirmation, so upside may be short-lived
Bearish pressure remains (MA99 > MA25 > Price)
Volume is key to confirmation โ watch for a spike near resistance
Risk/Reward at $2.95 entry = favorable (1:2+)
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๐ Final Tip
Use the 4H chart for precision entries.
If price fails to hold above $3.10, skip long positions.
๐ Also monitor Bitcoin's price action โ it often drives altcoin moves.#SaylorBTCPurchase
