$SUI

Deep 4H analysis of SUI/USDT + a precise trade setup🔥

1. Price Action & Trend 📉📈

•Current Price: $3.6773

•Local Top: $4.2989 (major resistance)

•Support Zone: $3.29 — price bounced here before

•Trend: Short-term correction, still mid-term bullish

2. Bollinger Bands (BOLL) 📊

•Upper Band: $4.18

•Middle Band (MB): $3.93

•Lower Band: $3.68

•Current Position: Price hugging lower band → suggests oversold pressure

3. MACD ⚙️

•MACD Line < Signal Line

•Histogram: Fading red bars

•Signal: Bearish momentum, but cooling off

4. Volume 📦

•Volume Drop: Buyers weakening

•Need: Spike in green volume to support next move

•Watch: If bounce starts, volume should confirm it

5. KDJ (Stochastic) 🎯

•K: 12.55 | D: 21.37 | J: 5.10

•Deep in oversold territory

•Signal: Reversal likely if K crosses D upward

6. Key Levels 🔍

•Support: $3.29 (strong), $2.72 (major)

•Resistance: $3.93 (MB), $4.29 (top)

•Breakout Needed: Over $3.93 to turn bullish again

7. Trade Setup ⚔️

Type: Bounce Play from Support

Entry Zone: $3.30 – $3.40 (wait for bounce candle)

Stop Loss: Below $3.22 (tight) or $3.10 (looser)

Target 1: $3.93 (Mid Bollinger)

Target 2: $4.29 (local top)

Risk-Reward: 1:2 or better

Confirmation: Look for MACD curl + Stochastic K cross above D + green volume spike

8. Summary 🧠

•Short-Term: Bearish but near bounce zone

•Indicators: Oversold + volume drying → possible setup forming

•Play: Wait for confirmation near $3.30, ride back to $3.93–$4.29

•Avoid: Entering early without bounce signal!