Recently, with Bitcoin’s upward movement, SUI has also performed very well, almost outperforming both Bitcoin and Ethereum. Last night, it surged to 1.792, which was the previous major resistance zone and also a large-scale long position lock-in area. A pullback occurred in the evening. Currently, the CVD below has been continuously declining, and the selling (active shorting) volume is still higher than the previous surge. However, from the highest point, the pullback is only about 7.65%, indicating that the main players are using a large number of limit buy orders to absorb the selling pressure from profit-taking. Judging from the current situation, the main target may be at a higher position, and there is a high probability of a subsequent price increase after this pullback. If the market can continue to break through and hold above the 1.792 high in the future, it could potentially test the 1.856-1.876 price range, which is currently the order flow resistance zone. The order flow support below is at 1.606-1.586, and the main cost price for this surge is around 1.5886. The lower POC price is near 1.53.
Swing trading opportunities: Short opportunities (1.856-1.876), long opportunities (order flow support area and POC price)
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2025.12.04 SUI Market Order Flow Analysis
Recently, with Bitcoin’s upward movement, SUI has also performed very well, almost outperforming both Bitcoin and Ethereum. Last night, it surged to 1.792, which was the previous major resistance zone and also a large-scale long position lock-in area. A pullback occurred in the evening. Currently, the CVD below has been continuously declining, and the selling (active shorting) volume is still higher than the previous surge. However, from the highest point, the pullback is only about 7.65%, indicating that the main players are using a large number of limit buy orders to absorb the selling pressure from profit-taking. Judging from the current situation, the main target may be at a higher position, and there is a high probability of a subsequent price increase after this pullback. If the market can continue to break through and hold above the 1.792 high in the future, it could potentially test the 1.856-1.876 price range, which is currently the order flow resistance zone. The order flow support below is at 1.606-1.586, and the main cost price for this surge is around 1.5886. The lower POC price is near 1.53.
Swing trading opportunities: Short opportunities (1.856-1.876), long opportunities (order flow support area and POC price)
Personal opinion, for reference only #加密市场观察 $SUI