ADA, SUI Trend Analysis and Opening Strategies
1. ADA
Trend Structure:
From the daily perspective, ADA has rebounded from 0.68 to 1.0199 and then retraced, currently stabilizing around 0.91. This indicates that the medium to short-term remains bullish, but there are signs of a slight pullback and consolidation recently.
Support below: 0.87 (short support), strong support in the 0.83–0.85 range.
Resistance above: 0.95 (recent high), if broken, it may once again challenge 1.00–1.02.
Although MACD has retraced, the fast and slow lines are converging, indicating the possibility of a golden cross.
Trading volume is shrinking, indicating that the market is waiting for a directional breakout.
Long: If it can stabilize in the 0.87–0.90 range, consider trying to accumulate at a low, with the initial target at 0.95, and if broken, then look for 1.00–1.02.
Short: If it breaks below 0.83, the short-term trend will weaken, and short positions can be considered, targeting 0.78 below.
Stop Loss: Long stop loss below 0.83, short stop loss above 0.96.
2. SUI
Trend Structure:
From the daily perspective, SUI rebounded from 3.26 to 3.89 and then retraced, currently consolidating around 3.72. MA7 and MA25 are converging, and MA99 is at 3.42, providing strong medium-term support below.
Support below: 3.65, strong support in the 3.4–3.45 range.
Resistance above: 3.9 (previous high), if broken, it may test 4.2.
MACD golden cross continues, and the momentum bar is positive, indicating a short-term bullish bias.
Trading volume is shrinking, but if it breaks through 3.8 with volume, it will open up upward space.
Long: Lightly position in the 3.65–3.7 range,
targeting 3.9–4, and if broken, then look for 4.2.
Short: If it breaks below 3.4, a short-term peak will be established, and shorts can be considered, targeting 3.2 below.
Stop Loss: Long stop loss at 3.55; if broken, stop loss; short stop loss above 3.95.
ADA is slightly consolidating in the short term, with the bullish trend unbroken; suitable for mainly low accumulation.
SUI is brewing a breakout; if it stabilizes above 3.8, it may become more aggressive.
Both coins should pay attention to changes in volume; do not rush during volume shrinkage; a breakout with volume is the opportunity.
Breakdowns and pullbacks lead to continuation. Do not judge price highs and lows; following the trend is the key to trading.