SUI Four-Hour Chart Rebound Encounters Resistance, New Direction Brewing Near $4.85

Market Analysis:

SUI/USDT Current Price $4.8550, 24-Hour Decline of 0.77%. The candlestick chart shows the price has retraced from a high of $5.3687, breaking below MA(7) and MA(25), but stabilizing near MA(99). Trading volume has decreased, and MACD bearish momentum has weakened, putting the market in a wait-and-see state in the short term.

Key Levels:

• Support Levels: $4.75, $4.50

• Resistance Levels: $5.00, $5.15

Trading Suggestions:

1. Short-Term Long Position:

• Set up a long position as the price approaches $4.75, target price $5.00, stop loss at $4.65.

2. Short Position Strategy:

• If the price rebounds to around $5.00 and encounters resistance, consider a light short position, target price $4.75, stop loss at $5.10.

Risk Warning:

• If SUI effectively breaks below $4.75, it may trigger a deeper retracement, pay attention to the key support at $4.50.

• It is recommended to operate with light positions and flexibly adjust strategies based on market volume changes.

Market Outlook:

SUI's current trend is in a range adjustment phase, waiting for a clear direction. If it can stabilize above $5.00, a new round of rebound opportunities may arise; otherwise, it will continue to oscillate downward.