I will analyze in detail the data $SUI and provide assessments:
1. Trend and Momentum Analysis:
- Price is in a short-term uptrend from 4.62 to 4.68 in the last 4 hours
- RSI(6) = 50.88, RSI(12) = 49.92, RSI(24) = 47.89 indicates neutral momentum, showing signs of accumulation
- MACD is crossing above the Signal line, indicating that upward momentum is gradually forming
- Bollinger Bands are narrowing (squeeze) indicating a high potential for breakout
2. Volume Analysis:
- Average volume of the last 7 candles = 102K, lower than MA20 volume
- Buy Volume Ratio and Sell Volume Ratio are quite balanced (~50/50)
- MFI = 59.94 indicates that the inflow of money is improving
- OBV is moving sideways, with no clear accumulation
3. Trading scenarios for the next 4-24 hours:
Scenario 1 (60% probability):
- Price tests the range of 4.68-4.70 and slightly corrects to 4.62-4.64
- Signs: Volume increases when testing the peak, RSI touches 70
Scenario 2 (40% probability):
- Break 4.70 and head towards 4.75-4.80
- Signs: Volume spikes when breaking, MACD golden cross
4. Recommendation:
LONG:
- Entry: 4.62-4.64
- Stop loss: 4.58
- Take profit: 4.70-4.75
- R/R ratio: 1:2
Should not SHORT because:
- Short-term trend is still uptrend
- No clear reversal signals yet
- Selling volume is not strong enough
Points to note:
- Monitor volume when testing 4.70
- RSI divergence may occur
- The range of 4.62 is an important support
Please wait for the price to correct to the range of 4.62-4.64 to open a LONG position with appropriate risk management.