#BTCNewATH Sui Is On 🔥🔥🔥**SUI/USDT**:

### Current Price & Trend:

- **Current Price**: $4.8218

- **24h High/Low**: $4.3514 to $4.82

- **Change**: +7.83% (bullish short-term momentum)

### Indicators:

1. **Moving Average (MA)**:

- MA(5): **$52,371.7** volume reflects strong short-term movement.

- MA(10): **$36,699.1** shows upward volume support but not very sustained.

- Price has moved **below** the MA60 line (around $4.8456), indicating potential weakness despite short-term gains.

2. **Volume**:

- Sharp **spike** in volume shows increased buying and selling interest.

- Current volume is moderate at **19,118.0**, hinting at caution.

3. **Market Sentiment**:

- **Order Book**: 71.94% Buy vs. 28.06% Sell, showing bullish sentiment.

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### Trade Strategy:

#### **Scenario 1: Long Position (Bullish Signal)**

- **Entry Point**: $4.82 (current price with a breakout confirmation)

- **Take Profit (TP)**: $4.95–$5.00 (key psychological level and prior resistance).

- **Stop Loss (SL)**: $4.75 (below current swing low for risk management).

- **Risk/Reward**: Favorable 1:2 ratio.

- **Trade Duration**: Short-term, 1–2 days.

#### **Scenario 2: Short Position (Bearish Signal)**

- **Entry Point**: If price rejects the MA60 and falls below **$4.75**.

- **Take Profit (TP)**: $4.55–$4.60 (next support level).

- **Stop Loss (SL)**: $4.85 (above MA60 as resistance confirmation).

- **Risk/Reward**: Favorable if price momentum weakens.

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### Contingency Plans:

- **Plan A**: Long if price holds above $4.82 with volume confirmation.

- **Plan B**: Short below $4.75 after confirmation of weakness.

- **Plan C**: Monitor breakout towards **$4.95–$5.00**.

- **Plan D**: Exit on unclear direction or range-bound movement. #BinanceLaunchpoolVANA $SUI