#SUIđ„ #Suiusdt #TradingMadeEasy
# Key Indicators:
1. **Price**: Currently, the price is **2.2406** USDT.
2. **MACD**:
- MACD line: **-0.0009**
- Signal line (DEA): **-0.0035**
- The MACD is showing slight bearish momentum as both the MACD and signal line are negative, and the histogram is also in the red.
3. **Moving Averages (MA)**:
- MA(5): 114,710.7
- MA(10): 116,771.3
- This suggests a short-term downward trend.
4. **Volume**:
- There has been an increase in green volume bars, indicating potential buying pressure, but it's followed by red bars which means the bulls are not strong enough yet.
5. **Volatility and Performance**:
- **7 Days**: +21.87%
- **30 Days**: +118.46%
- **1 Year**: +436.90%
- Despite the recent bearish movements, the longer-term growth is significant.
### Strategy:
#### Long Entry:
1. **Entry Point**:
- Wait for confirmation of a reversal. You can look for a MACD crossover, where the MACD line crosses above the signal line (positive momentum). Also, a close above MA(10) would confirm some bullish strength.
- Entry range: **2.20 - 2.25 USDT** (near the current support).
2. **Take Profit (TP)**:
- Short-term target: **2.30 USDT** (previous resistance).
- If momentum is strong, next level could be around **2.35 USDT**.
3. **Stop Loss (SL)**:
- Place it around **2.20 USDT** to manage risk in case of a breakdown.
#### Short Entry:
1. **Entry Point**:
- If price continues to move down and breaks **2.23 USDT**, that would signal further bearish momentum.
- Enter below **2.23 USDT** after a confirmed break.
2. **Take Profit (TP)**:
- First target: **2.18 USDT**.
- If the downtrend continues, a second target could be around **2.15 USDT**.
3. **Stop Loss (SL)**:
- Place it at **2.26 USDT**, just above the most recent resistance.
### Trade Duration:
- **Long Trade**: Hold for **1â2 days** if the momentum is slow and MACD confirms strength.
- **Short Trade**: Hold for **4â8 hours** based on how the volume and momentum proceed.
### Plan if Signals Go Against You:
1. **For Long Trades**:
- If price closes below **2.20 USDT** (your support), exit to minimize losses.
2. **For Short Trades**:
- If price moves above **2.26 USDT** or if volume increases with green bars, exit to avoid getting trapped.
The market looks uncertain with some mixed signals. Focus on waiting for strong confirmations (MACD crossover,