How to profit from SUI during extreme market panic? A look at whether the $3.6 'golden pit' is worth bottom-fishing!

Summary in one sentence: SUI dropped nearly 3% in 24 hours, contract positions decreased by 90%, while spot trading shrank by 22%, with prices stuck at $3.6—this is a classic trap zone of 'shrinking volume and sharp decline + value anchoring', with potential for a quick rebound in the short term.

Key Range and Volume Distribution

1. Value Anchoring Zone: POC 3.7916 (maximum transaction in 2 weeks), upper HVN 3.74~3.82 forms thick resistance, lower LVN 3.26~3.34 is a vacuum zone, once it breaks below 3.5, it will accelerate.

2. 70% Volume Coverage: 3.47~3.96, current price 3.6084 is in the lower 1/3 of the range, RSI 58 is not overbought, providing room for a rebound.

3. Momentum Verification: Up Volume near POC 43%, Down Volume 57%, sellers have a slight advantage; however, below LVN 3.26 Up Volume 0% shows a lack of active selling pressure below.

4. Indicator Resonance: Price is below MA200 (3.7909) -4.8%, Bollinger Bands middle line 3.59, short-term is close to the lower line, excessive deviation may trigger mean reversion.

Market Cycle Judgment

Mid-term is in the 'volume contraction after high-level oscillation' phase, with a 14-day position -11% while price remains flat, indicating a main force washout; if 3.47 is lost, it will turn into a weekly bear market pullback.

Trading Strategy (15m Level)

• Aggressive: Current price 3.605~3.61 light positions long, stop loss 3.565 (below HVN 3.5378 +0.5×ATR), target 3.75 (previous HVN), risk-reward ratio ≈ 3.2:1.

• Conservative: Wait for a pullback to LVN 3.50±0.01 and a Pin Bar + Up Volume >60% before re-entering, stop loss 3.45, targets 3.65/3.75.

• Cautious: If it breaks above 3.65 (daily VAH) with volume, chasing long if the pullback does not break 3.63, stop loss 3.60, target 3.82.

Risk Warning: Losing 3.47 or contract positions dropping again >3%, strategy fails, reverse to short.

LP Market Making Suggestion

Suggested Range: 3.50~3.75 USDT

Reason: The lower edge of the range is the LVN and dense trading area of spot, while the upper edge is POC+HVN, with moderate volatility; funding rates are slightly positive, suitable for grid trading.

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