Coin Circle Liying: Can SUI break the deadlock on 9.13? The bearish trend is like a lazy cat! Latest market analysis

Article release time: 2024.9.13—17:15

Daily chart: The bullish candle on September 12 is like a high-altitude dive, resulting in a long upper shadow, indicating significant selling pressure at the high. Then on September 13, a bearish candle came, and the price obediently returned to the previous low, truly "going home for dinner."

Hourly chart: The recent candlesticks are like a roller coaster, oscillating downward, challenging the support level of 1.0045 multiple times, truly "fearless heroes"!

Technical indicators: MACD: On the hourly chart, the MACD fast and slow lines are diverging downwards, with the DIF and DEA values gradually decreasing, indicating increasing bearish strength, as if gathering energy to prepare for a breakthrough. RSI: Approaching 50, in the neutral zone, but overall leaning weak, like a lazy cat on the sofa. EMA: The hourly chart's EMA7, 30, 120 moving averages are all lined up, forming a bearish array, and the price always "hits a wall" in front of EMA7 (currently at 1.0147).

Volume: The trading volume on September 12 surged to 13,999,750, as if the market was having a party! Unfortunately, the trading volume on September 13 shrank, and everyone is watching, creating a somewhat subdued atmosphere. On the hourly chart, the trading volume from 16:00 to 17:00 seems to have been paused, with a strong wait-and-see sentiment in the market, as everyone is waiting to "watch the show."

Entry points for reference

Buy point one: 0.995, the whole number level is like an old friend, providing strong support

Buy point two: 0.980, truly "greedy buyers"

Long position stop-loss point: 0.970, we must be cautious

Sell point one: 1.020, selling pressure is like a "tiger" waiting

Sell point two: 1.035, truly "flying high"

Short position stop-loss point: 1.045, we must not "fall into the pit"

Maintain a relaxed mindset, Liying wishes everyone to "set sail" in the market!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。