**Time Range**: 2025-11-30 20:00:00 ~ 2025-12-12 08:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Strong bullish engulfing pattern around 1.3056 (early December)** - Complete trend reversal signal - Very strong signal
2. **Large green candle with significant volume spike reaching 1.7899 (December 4th)** - Strong buying momentum confirmation - Very strong signal
3. **Series of bearish candles forming a downtrend channel after peak (December 4-8)** - Distribution phase - Medium signal
4. **Double bottom formation around 1.4886 (December 7-10)** - Bullish reversal pattern - Strong signal
5. **Recent bullish engulfing pattern at current price 1.6183** - Potential trend continuation - Medium signal
## Support and Resistance Levels Judgment
**Resistance Levels**:
- Short-term: 1.6350 (recent high)
- Mid-term: 1.7000 (psychological level)
- Major: 1.7900 (previous peak)
**Support Levels**:
- Short-term: 1.5950 (EMA99 level)
- Mid-term: 1.5200 (previous consolidation zone)
- Major: 1.3000 (major bottom)
## Comprehensive Technical Evaluation
**Volume Analysis**:
- Significant volume spikes align with major price movements
- Recent bullish move supported by increasing volume
- Volume profile confirms genuine buying interest
**EMA Analysis**:
- EMA5 (1.5907) positioned above EMA10 (1.5898) indicating short-term bullish momentum
- EMA99 (1.5953) acting as dynamic support
- EMA20 (1.5961) showing recent crossover with EMA5, generating bullish signal
**Overall Trend Direction**:
The SUI-USDT pair has established a higher low pattern since early December, suggesting a potential trend reversal from bearish to bullish. The recent price action shows recovery from the double bottom formation with increasing buying pressure.
## Conclusion
SUI-USDT is currently showing signs of bullish momentum after establishing a solid double bottom pattern. The recent price action suggests continued upward movement with the current price at 1.6183, representing a 1.36% daily gain.
**Operational Suggestions**:
- Consider entering long positions near the EMA5 support (1.5907)
- Set stop-loss orders below the EMA99 (1.5953)
- Take partial profits at resistance levels (1.6350 and 1.7000)
**Risk Warning**:
- Watch for potential rejection at the 1.6350 resistance level
- Monitor overall market sentiment as it could impact SUI performance
- Be cautious of potential volatility given the recent price swings
Remember to manage your risk appropriately when trading on Binance and consider using the platform's risk management tools.
