The key is whether it can rise above 3.9509

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(SUIUSDT 1D Chart)

Since the HA-High ~ DOM (60) ranges on the 1W and 1D charts partially overlap, a breakout above the 3.9509-4.7328 range is expected to lead to a sharp rise.

Therefore, the 3.9509-4.7328 range is considered a resistance zone.

The HA-Low and HA-High indicators are converging as price movements move.

If this convergence occurs, the converged range, i.e., the HA-Low ~ HA-High range, can be considered a buy zone.

If the price falls below the 2.4495-2.8161 range, trading should be halted and the situation should be monitored.

Currently, the M-Signal indicator on the 1M chart is moving between 2.4495 and 2.8161. Therefore, if the price falls below this level, a stop loss should be considered and a response strategy should be developed.

Based on a basic trading strategy, a buy signal is signaled when support is found in the 2.4495-2.8161 range.

However, if the price falls below the M-Signal indicator on the 1M chart, a downtrend is likely, requiring a response strategy.

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I mentioned the resistance range as 3.9509-4.7328. However, since the HA-High ~ DOM (60) range on the 1D chart is 3.9509-4.3260, a buy signal can be made when the price finds support within this range and rises.

However, since the buy signal is near the resistance level, a quick and short response is required.

The first sell range is 4.7328-4.96.

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Thank you for reading to the end.
I wish you successful trading.

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