$SUI
1. Analysis of key technical indicators:
- RSI (14) is at 48.5, indicating the market is in a neutral state
- MACD is showing signs of negative divergence with price
- Bollinger Bands indicate the price is testing the lower band, creating upward pressure
- Volume has increased significantly in recent sessions along with a decrease in price
- Stochastic K/D is in the oversold zone and showing signs of recovery
2. Timeframe analysis:
30m timeframe:
- Price is in a short-term downtrend
- Nearest support is at 4.75
- Nearest resistance is at 4.85
4h timeframe:
- The medium-term trend is still declining
- Creating a new low lower than the previous low
- Volume increases as price decreases indicates strong selling pressure
3. Possible scenarios in the next 4-24 hours:
Scenario 1 (60% probability):
- Price continues to decrease testing the range of 4.70-4.75
- Confirmation signal: Volume increases significantly when price touches support
- Take profit: 4.70
- Stop loss: 4.85
Scenario 2 (40% probability):
- Price recovers testing the range of 4.85-4.90
- Confirmation signal: RSI rises above 50
- Take profit: 4.90
- Stop loss: 4.75
4. Trading recommendations:
- Do not open LONG positions at the current time
- Consider SHORT if price breaks support at 4.75 with strong volume
- Optimal SHORT entry point: 4.85-4.90
- Optimal LONG entry point: 4.70-4.75
5. Assessment of volatility +-5%:
- The likelihood of a 5% increase/decrease in the next 24 hours is high (70%) due to:
+ Volatility is increasing
+ Trading volume is significantly rising
+ Technical indicators show that the downward momentum is still strong
+ The market may test important support/resistance areas
Conclusion: The market is in a short-term downtrend, investors should be cautious and wait for confirmation signals before opening positions. Prioritize trading according to the trend (SHORT) when there is a break of support signal.