- Catalysts — listings, news from the Sui ecosystem, overall market sentiment.
- Decision — if you are a short-term trader, focus on technical analysis and volumes; if you are an investor — evaluate fundamentals and tolerance for drawdowns.
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- Technical bias: neutral-bearish
- Risks: high volatility, potential liquidations of long positions
- Recommendation: cautious trading, entry from support, profit fixation at resistance
--- current data from Binance
- Current price: $0.2013
- 24h range: $0.1986–$0.2105
- MA(7): $0.2006 → price slightly above the short-term average
- Volumes: 15 million MMT → high liquidity
- Sentiment: 53.7% buy → moderate interest
- Dynamics: -3.08% for the day, -24.47% for the month → strong correction
My levels:
| Type | Level | Comment |
| Support | $0.1980–$0.2000 | local minimum, MA(7) |
| Resistance | $0.2100–$0.2150 | 24h maximum, fixation zone |
| Stop-loss | $0.1930 | below the local minimum |
| Take-profit | $0.2080 / $0.2150 | partial fixation + exit on impulse |
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| Strategy | Entry | Stop | Take | Comment |
| Scalping | $0.2000 | $0.1930 | $0.2080 / $0.2150 | bounce from support, quick fixation |
| Swing | $0.2150 (upon breakout) | $0.2000 | $0.2400 / $0.2600 | upon confirmation with volume |
| Alt-scenario | $0.1850 | $0.1750 | $0.1980 | if they break support — catching a falling knife |
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- Initial oriented to a wider range ($0.30–$0.60), but real data shows that MMT has already gone into a deep correction.
- My scenario is adapted to the current price ($0.20) and provides more accurate entry/exit levels.
- Tactics: act based on facts — from local support, with a quick take and a strict stop.
- Risks are high, especially upon break of $0.1980 — possible drop to $0.17.
Parameter | Value |
Current price | $0.2013 |
| Support | $0.1980–$0.2000 |
| Resistance | $0.2080 / $0.2150 |
| Stop-loss | $0.1930 |
| Risk per trade | 2% of capital (can be adapted) |
---
capital $500
- Risk per trade (2%): $10
- Distance to stop: $0.2013 – $0.1930 = $0.0083
- Position size: $10 ÷ $0.0083 ≈ 1,204 MMT
- Entry cost: 1,204 × $0.2013 ≈ $242.20
--
| Stage | Level | Action |
Entry | $0.2000–$0.2015 | upon confirmation of the bounce |
| Stop-loss | $0.1930 | fixed, do not move |
| Take-profit 1 | $0.2080 | partial fixation (50%) |
| Take-profit 2 | $0.2150 | the rest, or trailing stop |
-- Alternative scenario
If the price breaks $0.1930 — do not enter, wait for the zone $0.1850–$0.1870 for a new bounce. There you can re-enter with a similar calculation, but with a narrower stop.
