Based on the current provided candlestick chart and technical indicators, the following is an analysis and operational suggestion for the SUI market's performance today.

1. Overall Trend

From the 4-hour candlestick chart, it can be observed that SUI has experienced oscillating upward movement in the past period, forming a local high at 4.9272. The current price has retraced to around 4.7963, and in the short term, the Bollinger Bands are narrowing, indicating reduced volatility.

2. Key Technical Levels

  • Moving Average System
    Short-term moving averages (MA5, MA10) intersect with medium-term moving averages (MA30), but remain below the price, indicating short-term support for the price, but limited upward space.

  • Bollinger Bands
    The current price is slightly above the middle band of the Bollinger Bands, close to the upper band. If the price can break through the upper band, it may trigger a new round of upward momentum.

  • MACD Indicator
    The bullish and bearish momentum bars are tending to flatten, indicating a neutral market sentiment.

  • Trading Volume
    The trading volume has decreased, reflecting a temporary wait-and-see attitude in the market.

Today's Prediction and Key Levels

Operational Range

  • First Support Level: 4.7000
    If the short-term decline reaches this level, it may trigger some rebound.

  • Second Support Level: 4.6000
    This is a strong support area; if it is breached, the market may further retract to around 4.4000.

  • First Resistance Level: 4.9200
    After breaking through this area, the price may test the psychological level of 5.000 above.

  • Second Resistance Level: 5.1000
    Strong resistance area; if the price breaks this level, a larger scale upward movement may follow.

Stop Loss Suggestions

If the price breaks below 4.6000, stop loss should be triggered promptly to prevent larger losses.

Today's Operational Suggestions

1. Bullish Strategy

When the price approaches around 4.7, gradually position for long trades with take profit targets set at 4.92 and 5, and a stop loss at 4.6.

2. Bearish Strategy

If the price rebounds to around 4.92 but fails to break through, consider lightly positioning for a short, with a stop loss set at 5.1 and a target of 4.7000.

SUI may maintain a range-bound oscillation pattern in the short term, with price fluctuations expected between 4.6000 and 5.000. Overall, if trading volume increases and breaks through 4.9200, the market is likely to continue the bullish trend; if the price falls below 4.6000, deeper adjustments should be warned.

Grasping the market rhythm, reasonably controlling positions, and following technical levels to execute trades is the key strategy to deal with this oscillating market!
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