#BuyTheDipOrWaitNow? SUI/USDT, here is an analysis and actionable trade plan following your 5-step strategy:

1) 4H Liquidity (Higher Timeframe Context)

· Chart Reference: (1D/4H view).
· Key Levels:
· Resistance (Sell-Side Liquidity): The recent high near 0.9785 (24h High) and the BOLL Upper Band (UB) at 1.0196 are key liquidity zones. The price was rejected from this area.

· Support (Buy-Side Liquidity): The 24h Low at 0.9277 aligns almost perfectly with the BOLL Lower Band (LB) at 0.9272. This is a major support and liquidity zone.

· Bias: The price is in the lower half of the 4H Bollinger Band and below the middle line (BOLL: 0.9734), suggesting a bearish short-term bias.

The MACD is negative but the histogram (MACD) is slightly positive at 0.0002, hinting at potential slowing bear momentum or a minor bullish divergence on this timeframe.

2) 5 Min Sweep (Entry Timeframe Trigger)

· Chart Reference: (5-minute view).
· Observation: The price at 0.9377 is trading just above the 5-min BOLL middle line (0.9348) and very close to the Upper Band (0.9389). The SAR is at 0.9339, providing support.

· Sweep Scenario: For a long entry, we would want to see a sweep of the 5-min low near 0.9296 (or the LB at 0.9306) to collect liquidity before a reversal. The current position is neutral-to-slightly bullish on the 5-min but is at resistance.

3) FVG (Fair Value Gap - Imbalance Area)

· On the 5-min chart: There is a clear bearish FVG (or imbalance) between approximately 0.9377 (current price) and the candle wick high near 0.9526. This is a selling imbalance that may act as resistance.

· For a Long Trade Setup: We need to identify a bullish FVG to target for entry. This would be created if the price sweeps the 5-min low (0.9296-0.9306) and then rallies sharply, leaving a gap in price structure. Wait for this to form.

4) Entry (Specific Plan)

· Condition for Long Trade:
1. Price sweeps the 5-min liquidity low around 0.9296 - 0.9306.

2. A strong bullish candle closes back above this level, creating a new bullish FVG.

3. Enter on a retest of that FVG's lower boundary.

· Proposed Entry Zone: 0.9320 - 0.9340 (depending on where the FVG forms).

· Stop Loss (SL): Place SL just below the swept low, e.g., 0.9280.

5) 3RR (1:3 Risk-to-Reward Target)

· Risk (R): Entry (e.g., 0.9330) - SL (0.9280) = 0.0050
· Target (3R): Entry + (3 * Risk) = 0.9330 + 0.0150 = 0.9480
· Target Justification: The 3R target at 0.9480 aligns with:
1. The top of the 5-min bearish FVG (0.9526), offering liquidity.
2. A test of the higher timeframe 4H BOLL middle line (0.9734) resistance is a larger target, but 0.9480 is a logical first take-profit zone on a 5-min driven trade.

Summary Trade Plan (LONG)

· Trigger: Sweep of 5-min low ~0.9296 followed by a strong bullish close and formation of a Bullish FVG.
· Entry: Retest of the FVG at ~0.9330.
· Stop Loss: 0.9280.
· Take Profit: 0.9480 (3R Target).
· Invalidation: If price breaks and holds below the 4H support/LB at 0.9272, the bullish setup is void.$SUI ‌