I. K-Line Technical Analysis
Short-term trend (1-hour chart)
The SUI price has continued to decline, currently operating near the lower Bollinger channel, showing a clear bearish advantage.
The moving average system shows a bearish arrangement, with MA10 and MA30 diverging downward, making it difficult for prices to rebound in the short term.
The BOLL channel's opening is widening, indicating increased market volatility and a high probability of continued downward trends.
Medium-term trend (4-hour chart)
Since the recent high of around 4.86, the price has not managed to form an effective rebound, with recent lows having dropped to 4.07.
The current price is close to the support level of 4.11; if it breaks downward, the short-term target may point to the 3.80-4.00 area.
Important Support and Resistance Levels
Short-term Support Level: 4.07
Short-term Resistance Level: 4.30 (Important rebound pressure area)
II. Key Point Forecast and Strategy
First Take Profit Level: 4.20 (pay attention to rebound resistance near the middle Bollinger band)
Second Take Profit Level: 4.30 (previous densely traded area, need to pay attention to reducing positions)
Stop Loss Level: 4.00 (if effectively broken, it will further open downward space)
III. Operating Strategy
Based on the current technical perspective and market trends, the following operating ideas are recommended:
Bearish Direction (Mainstream Thinking)
Entry Point: Place short orders in the 4.15-4.20 range.
Target Price: First target at 4.07; if broken, it can be seen near 3.95.
Stop Loss Setting: 4.30 (to prevent unexpected rebound risks).
Attempting a short-term rebound (high risk)
Entry Point: If the 4.07 support holds, a light position long can be attempted near 4.10.
Target Price: 4.20-4.25 (short-term rebound resistance area).
Stop Loss Setting: 4.00 (exit promptly if broken).
The overall SUI market is currently bearish, with bearish forces dominating in the short term, and the main trend remains downward. If the support level of 4.07 can be held today, a short-term rebound may be attempted; however, if the support is broken, the market will further decline to the 3.80-4.00 range.
Strategy Recommendation: The bearish direction is more stable; aggressive traders may attempt a light position rebound at key support levels. Reasonable position control is advised, with attention to market volatility risks.
