SUNTEC REIT (T82U.SI) — DAILY CHART ANALYSIS (SGX)
Timeframe: Daily
Date Range: July 2024 – June 12, 2025
Bars in Range: Approx. 230 trading sessions
Market Regime Classification: Ranging with Transitional Elements
🔍 Highest Conviction Observations
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Market Structure and Order Flow
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Swing Highs (SH): 1.22 → 1.38 → 1.28 → 1.24 → 1.21 → 1.18
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Swing Lows (SL): 1.05 → 1.12 → 1.10 → 1.03
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Change of Character (CHoCH): Clear CHoCH after the 1.38 peak (Oct 2024) signaled loss of bullish structure. Price formed a lower low (1.12) and failed to reclaim previous highs.
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Current Structure: Ranging between 1.03 support and 1.18 resistance, with micro-compression around 1.13–1.14.
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Trend Momentum: Decay evident with increasingly overlapping bars, tighter ranges, and a horizontal slope in price since late April 2025.
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Volume-Price Relationship (VPR)
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Volume Climax Events:
• Nov 2024: High volume on breakdown into 1.12 region → panic liquidation.
• Apr 2025: Massive volume spike on sharp drop to 1.03 → classic selling climax. -
Absorption Signals:
• May–June 2025: Several high volume + small spread days at 1.13–1.14 level → potential institutional absorption at base. -
Volume Dry-Up:
• Recent sessions (late May to mid-June): very low volume compression beneath 1.15 → signaling possible breakout staging.
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Institutional Footprint Recognition
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Liquidity Grab:
• April 2025 breakdown to 1.03 swept prior lows (1.10–1.12) and sharply reversed → spring-type action aligning with Wyckoff accumulation. -
Fair Value Gap (FVG):
• Large inefficiency between 1.15–1.18 (post breakdown gap in April) → unfilled and may attract price. -
Order Block Identification:
• Last red candle before May rebound from 1.03 at 1.06 area → acts as a bullish order block and support pivot.
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Bar Pattern and Price Action
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Recent Pattern:
• Micro inside bar cluster at 1.13–1.14 → coiling for directional move.
• Previous sharp down bar into 1.03 now acting as an exhaustion bar.
• No follow-through on downside indicates probable seller exhaustion. -
False Breakdown Behavior:
• April 2025 move below 1.10 was a false break followed by sharp reversion → indicates trap and accumulation phase.
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Multi-Timeframe Confluence
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Weekly Structure (not shown, inferred): Strong horizontal structure with long-term support at 1.03–1.05, former resistance-turned-support.
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Compression across daily bars at long-term support level with evidence of buyer defense and absorption.
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🔒 Risk Management & Execution Parameters
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Entry Consideration: Break and hold above 1.15 on increased volume confirms breakout from compression.
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Stop Loss Zone: Below 1.10, under compression base and recent support low.
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Initial Target: 1.18, former structure high and gap origin.
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Extended Target: 1.24, March 2025 pivot.
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Reward-to-Risk Estimate: ~2.5:1 if entering on confirmation breakout above 1.15 with stop at 1.10.
📊 Summary Setup Sentence
Buying SUNTEC REIT because of absorption and base formation at 1.13–1.14 with stops at 1.10 targeting 1.18 for 2.5:1 reward-to-risk.
📌 Key Levels to Watch
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Resistance: 1.15 (breakout trigger), 1.18, 1.24
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Support: 1.10 (stop zone), 1.03 (spring low)
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Volume Spike Triggers: Any break above 1.15 with volume > recent average (~double)
✅ Pre-Execution Checklist
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Confirm volume expansion > 2x average on breakout
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Verify price closes above 1.15 on breakout bar
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Set stop below 1.10 with proper position sizing
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Monitor reaction at 1.18 for profit scale-out opportunity
Confidence Rating: 7.5/10 (building base structure, needs breakout confirmation)
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 5.70%
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