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Suiusdsignals

SUI price smashes through $1 with 18% daily growthOver the last week, despite the increased volatility in Bitcoin and Ethereum before the CPI data release, SUI maintained a bullish trend. SUI price upheld a 15% rise then to rank among the top weekly performers. Will the new recovery run and the price jump above $1 result in a new 52-week high for SUI this season? Let’s find out. As the broader market sentiments are improving, the bull run in the SUI token price is expected to gain momentum. With the bullish narrative of SUI, the crypto analyst BMOON tweets about the upcoming rally with a potential target of $3.6. Reflecting a positive channel in a weekly time frame, BMOON expects the bull cycle in SUI price within the channel to hit $3.6552. Adding credibility to the project, Grayscale’s new Trust adds credibility to SUI, reinforcing positive market sentiment. Currently, it has reclaimed the psychological mark of $1 and is trading with a 14.48% jump in the past 24 hours. With the recovery rally in motion, the past seven days for SUI price have been profitable, with a surge of 26.17%. As per our technical analysis, the Logarithmic daily chart reveals a bullish cycle from the 23.60% Fibonacci level. The recovery run gains momentum as the retest of the falling channel breakout reveals massive demand at lower levels. The bull cycle is now accounting for a price jump of 36.25% in the last ten days. With this, the SUI price is now challenging the crucial resistance of 50% Fibonacci level at $1.0541. With a bullish engulfing candle of 11.4% intraday jump completing a morning star pattern, the sentiments are improving. Hence, the chances of a bullish breakout rally in SUI prices are significantly increasing. In the near term, before SUI reaches BMOON’s expected $3.65 target, the near-term resistances are at 61.80% and 78.60% levels at $1.23 and $1.55, respectively.
Long
by paul_endeo
1
SUIUSD Very strong bullish break-out signal.Sui (SUIUSD) has gone +140% from last week's Low (August 05) and broke above two major medium-term Resistance levels: 1) The Internal Lower Highs trend-line) and 2) The 4-month blue Channel Down. The last time the price broke above such major Lower Highs trend-line was on November 04 2023. That initiated a rally that peaked just below the 1.236 Fibonacci extension, which gave way to the 4-month blue Channel Down. An equally strong bullish signal is the break-out of the 1W RSI above its MA line. As a result, we have strong reasons to turn bullish on Sui on the long-term, targeting 2.7000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SUIUSDLong
by TradingShot
Sui 300% pump soonWhy BINANCE:SUIUSDT can pump +300-400% soon Read this idea and share with friends Possible Targets and explanation idea ➡️Check IAP idea under this idea. Educational idea ➡️After initiation we are in accumulation stage. Marked green block for good entry ➡️You can start accumulate step by step from current price ➡️Idea will be invalidate if we drop lower than listing price ➡️After accumulation stage next stage is Pump to (marked take profit zone) and ATH ➡️ADZ indicator showed we are in accumulation stage by whales Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
3
$SUI in a technical downtrend. Bottom and Buy zone in the chart.NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment. What does the chart say? We had an M pattern formation that turned into a downtrend channel. Because the coin is new and experienced phenomenal growth, there is not much resistance until the bottom of the latest uptrend. The identified bottom is between 0.35 and 0.52, which is our buy zone. Buying here guarantees some good profit when CRYPTOCAP:BTC recovers and pumps to its all-time high. I would not buy NYSE:SUI outside of this zone, as it would be too risky. I do not think it will reverse until it enters that buy zone. Always do your own research (DYOR). This is just chart analysis and commentary, not financial advice. Crypto is highly volatile, and any idea can be invalidated by external factors.
Long
by CryptoNikkoid
10
$SUI/USDT - Breakout June/July 24NYSE:SUI seems to be on the bull div on HTF, it is going to ping the 50day EMA soon and if it successfully breaks-out of that neckline it will go all the way. Keep a close eye on that .382 level this is the main resistance zone where it needs to push hard to make its way into the bull cycle! Beware, use caution and make your entries on super low lev here until BTC has finally settled and bounced off of a strong support line which is in my hypothesis 62.5 - 59 anywhere between those lines. Can happen real soon. July should give us good green market. Green trading ya'll
Long
by TheRevengeMaddy
2
SUI price: Ready...steady...Go !)Six months have passed since the publication of the previous #SUIUSDT idea During this time, the NYSE:SUI price has made a cool route: $1,16 👉 $2,10 👉 $0,88 "modestly", but in principle, everything is as predicted) Now, looking at the #SUIUSDT chart, we can say that $0.88 was the very bottom, twice confirmed. And there may be good growth ahead. Do you believe in SUI? Do you hold SUI? 💰 Then the medium/long-term target of $3.50 for #SUI is just for you
by P_S_trade
5
$SUI / USDT reached the bottom, bounce back. x5-x10 potentialNYSE:SUI is indeed a very promising project, boasting strong technology, substantial VC support, and a significant Total Value Locked (TVL). However, its tokenomics entail massive inflation, which undermines its growth potential. Nonetheless, it appears that whales have decided to defend the $1 area, resulting in a bounce back. Despite this, the recent 20% token unlock is likely to continue affecting the price, making it unlikely to pump back to its All-Time High (ATH) before VC token releases occur progressively on the way up. I maintain a moderately bullish stance on $SUI. It represents a solid and relatively safe investment opportunity with the potential for x5-x10 gains during this bull run. Please refer to the Fibonacci retracement TP outlined in the chart for further insights. Remember, this is not financial advice; always Do Your Own Research (DYOR) before making investment decisions.
Long
by CryptoNikkoid
11
SUI target $1012h time frame - SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12. - Bull target: $10~$12
Long
by EthanTW