$SUI
4hr time frame Analysis đ
1. Price Movement đ
â˘Current price: $4.56, slightly down by -0.21%.
â˘The price recently dropped from $5.36 (resistance) and is now consolidating near the middle Bollinger Band.
2. Bollinger Bands (Volatility) đ
â˘Upper Band: $5.39
â˘Lower Band: $4.41
â˘Price is near the middle band, signaling a potential consolidation phase or preparation for a new trend.
3. Moving Averages (MA) đ
â˘MA (5): Price is hugging this short-term MA, showing weak bullish momentum.
â˘MA (10): Slightly above the current price, suggesting short-term selling pressure.
4. Volume Analysis đ
â˘24h Volume: Strong at $396M, but recent candles show declining volume.
â˘A breakout might need a volume increase.
5. MACD (Momentum) âĄ
â˘DIF: -0.0776
â˘MACD Line: Bearish cross observed earlier; still below the signal line but nearing neutral. Watch for a crossover!
6. KDJ (Overbought/Oversold) đ˘
â˘K: 40.91
â˘D: 36.85
J: 49.05
â˘KDJ lines suggest mild recovery, but no confirmation yet. The price might stabilize or reverse soon.
7. Key Levels đ
â˘Support: $4.41 (Bollinger Lower Band)
â˘Resistance: $5.39 (Bollinger Upper Band)
Conclusion đĄ
â˘Neutral-Bearish Bias: Consolidation phase; watch for breakout levels.
â˘Look for MACD crossover and volume spike for bullish confirmation.
â˘Tighten stops near $4.41 in case of breakdown.