SUIUSDT - SHORTS and LONGS!SUI USDT is ideally at such a great position one can imagine to trade this coin as per the doodles drawn. 4.1234 ideal buys for buyers and shorters targets till there, i would inititate buys only when it reaches the point marked in green box, and anywhere if the purple doodle happens, would short from there if it happens, thats a more evident thing to happen!
SUIUSDT.P trade ideas
TradeCityPro | SUIUSDT The Best Coin of the Week?๐ Welcome to TradeCityPro Channel!
Letโs dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market.
๐ Overview Bitcoin
As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400.
However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advisedโsecure profits quickly and avoid greed.
Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highsโa shift that may be underway.
๐ต๏ธโโ๏ธ Previous Analysis
we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance.
๐ Weekly Timeframe
On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468.
The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries.
If this weekโs candle closes green, it will highlight strong buyer activity, reinforcing SUIโs exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUIโs growth.
Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements.
๐ Daily Timeframe
On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterdayโs daily candle confirmed strong buying interest, showcasing the coinโs superior recovery compared to others in the market.
Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows.
Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial levelโserving as both a 0.382 Fibonacci level and a previously broken resistance turned support.
โฑ 4-Hour Timeframe
On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs.
๐ Long Position Trigger:
breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility.
๐ Short Position Trigger:
while I wouldnโt short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals.
๐ Chart: 4H SUI Chart
๐ก BTC Pair Insight
Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs.
๐ Conclusion
SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts.
๐ Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and donโt forget to share this analysis with your friends! โค๏ธ
No Matter How Far You Fly, You Will Return SUI!No matter how far you fly, you will return to my primary demand zone, SUI.
While SUI is showing very nice increases, it is also active in terms of volume, there are buyers inside, but they are slowly running out, you see long wick candles, the reason I skipped the first demand zone is that everyone will be waiting there and such zones are directly skipped in dump situations of the market.
You saw this in the recent dump, in all my analyses, I wrote in 10 different analyses that dumps could come, and therefore the first box should not be used without approved upward breakouts. In fact, I did not give the first boxes in many analyses at the risk of being left out. That is why 10 of the 15 demand zones I shared came as points and are at an average of 15% profit. Right now, I pulled the stop of all of them to the entry and took my profit.
I will be patient for SUI because I did not act early. If you could not get it at cheap prices, your only solution is to be patient. If you cannot be patient, unfortunately, you cannot be a hunter. Maybe you hunt a few things by chance, but in the end you will be hunted.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I donโt claim to know it all, but Iโm confident in my ability to spot high-probability setups.
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SUI/USDT Eyes 371% Surge to $15The chart shows SUI/USDT in an upward price channel with a target of $15.01 (a 371.57% increase from the current price of $4.87). It indicates strong bullish momentum and potential for further gains, aligning with the trend within the channel.
Let me know if you need additional details.
SUI: key levels to watchSui Network (SUI)ย has a strongly bullish long-term outlook. It has performed remarkably well since September, rallying nearly 500% in under four months.ย Bitcoinโs (BTC)ย 4.8% price dip in the past 24 hours pulledย Suiย prices down by 8.6%.
The slight dip in buying volume in recent days gave a clue that Sui bulls could be biding their time before theyโre ready to drive the next impulse move higher.
Suiโs price action has been strongly bullish on the daily timeframe, forming higher highs and higher lows since late October. The uptrend began in September when local resistance at $0.9-$1 was broken and retested as support.
Over the past month, the average trading volume has trended slightly downward, indicating weakened buying pressure. This is evident on the A/D indicator, which has slowed down, especially over the past week.
The Ichimoku Cloud remains bullish, highlighting strong support at $3.2 and the $4.1 region. The cloud is thick, showing strong upward momentum over the past month.
At press time, the 23.6% extension level serves as short-term support. While volatility is possible, the next target is more likely to be $5.38 than $3.5 or below.
The Fibonacci extension level at $4.5 served as resistance earlier this month and has been flipped to a demand zone. The 2-week look back period showed a cluster of liquidation levels around $4.3, and another liquidity pocket at $5.
The price has also ranged between these two levels over the past week, explaining the liquidity build-up. Theย Bitcoinย price dip and the consolidation phase for SUI meant that this range formation could continue for a few more days.
Buying SUISUi have had a good push to the upside for some weeks now. For this trade, i will be scalping for some quick profits from my POI. If you have a similar idea or any contrary idea feel free to share with me in the comment section. Can SUI make 7 dollars before the end of first quarter next year?
SUI Token Technical Analysis: Growth Potential and Key LevelsCurrent Price: BINANCE:SUIUSDT.P is currently trading around $4.66.
Technical Analysis: Technical indicators show a strong buy recommendation for SUI/USDT
The Relative Strength Index (RSI) indicates bullish momentum.
The MACD indicator signals a continuation of the upward trend.
Additionally, the price has crossed above key moving averages, which reinforces a positive outlook.
Cup and Handle Pattern: On the daily chart, a "Cup and Handle" pattern is formingโa continuation pattern suggesting the potential for further upward movement after breaking through the upper resistance level. This pattern is considered reliable and often signals price increases upon completion.
Price Forecast: According to some analyses, SUI is expected to range between $6 and $10 by 2025, provided adoption and development continue to expand. Any corrective price dips could present buying opportunities.
Investor Tips:
Invest only what you can afford to lose.
Focus on long-term investments and take advantage of price corrections.
Use a dollar-cost averaging (DCA) strategy to minimize risk from market volatility.
Conclusion: SUI demonstrates strong growth potential due to its advanced infrastructure and increasing adoption. Investors can look for opportunities during price corrections while maintaining proper risk management strategies.
$SUI / USDT Technical AnalysisCRYPTOCAP:SUI / USDT Technical Analysis ๐
#SUI / USDT is trading within an upward ascending channel, maintaining its bullish structure. Key targets for this rally are :
$5.7110: Initial target based on channel midpoint.
$6.8002: Secondary resistance aligning with Fibonacci projections.
$7.7398: Final target at the upper channel boundary, signaling a
73.48% upside.
The current price of $4.7905 indicates continuation potential, with a stop-loss recommendation below $3.8959 to manage risk effectively. A break and hold above the current resistance zone could trigger further bullish momentum toward the outlined targets. ๐
#SUI/USDT Ready to go higher#SUI
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 4.6
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.73
First target 4.86
Second target 5.06
Third target 5.25
Bulls Say Go, Bears Say NoโWho Wins SUIโs Show?SUI is dancing around $4.644, giving traders a reason to sit up and watch.
1. If SUI gets a clean break above $4.956, bulls could grab the reins and push toward the next stop at $5.46. Thatโs where things could get interesting for those looking for upward momentum (Solid Green Projection).
2. On the flip side, if the price struggles to hold and slides below $4.644, it might signal hesitation in the market. A quick dip to retest $4.644 followed by a rebound would be a good sign that buyers are still in the game (Dashed Green Projection).
3. However, if $4.644 breaks down without a fight, bears could come storming in. A drop toward the next key support at $4.063 would be the logical move (Red Projection).
For now, SUI is at a crossroadsโwill it charge forward or stumble? Keep an eye on $4.956 and $4.644; theyโre the real decision-makers here.
SUI - Get ready for 15$#SUI/USDT #Analysis
Description
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+ SUI is currently trading within the range and heading towards a new all time high
+ The pattern looks similar to MATIC pattern in the last bull run
+ Im expecting a reasonable target of 15
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VectorAlgo Trade Details
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Entry Price: 4.7
Stop Loss: 3.0
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Target 1: 6
Target 2: 8
Target 3: 11
Target 4: 13
Target 5: 15
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Timeframe:1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
sui usdt"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
CRYPTO SUI USDT - Ascending triangle. Get longSUI is forming a nice ascending triangle on the 4H chart. This is a high probability pattern. We set out stop at the previous low. RSI is stronger on the previous low meaning selling strength is weaker. STO has bottomed and we are at the support line of the triangle.
It all points to a 32% no leverage gain in a short time period.
Pattern: Ascending triangle.
RSI. Only fell to 44 on previous low.
STO: Is below 10 said ready to bounce up
Volume: Green candles are dominating right now.
Buy: 4.65 now
Target 6.15
Stop loss 4.29
SUIUSDT: 3X expected in upcoming Bull run!!Join our community and start your crypto journey today for:
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Let's analyse SUIUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
SUI is a promising blockchain platform developed by Mysten Labs. Known for its high throughput, scalability, and focus on developer experience, SUI aims to provide a robust infrastructure for decentralized applications.
Key features of SUI include:
High Performance: Handles a large number of transactions per second.
Smart Contracts: Supports self-executing contracts for building dApps.
Developer-Friendly: Offers a user-friendly environment for developers.
Security and Efficiency: Prioritizes security and efficient transaction processing.
SUI's innovative approach could position it as a leading player in the blockchain space.
TECHNICAL ANALYSIS:
SUI has exhibited a bullish breakout on daily timeframe. The recent breakout from a parallel channel on the daily chart, coupled with a symmetrical triangle pattern on a lower timeframe, suggests a potential uptrend.
Key technical indicators supporting this bullish momentum include:
Price Action: SUI is trading above the 200-day moving average.
Volume: A significant increase in 24-hour trading volume of more than 100%.
Chart Patterns: The breakout from the parallel channel and symmetrical triangle suggest bullish momentum.
If SUI maintains its current momentum, it could potentially experience a significant price increase in coming weeks.
Buying Levels:
$0.9997 to $0.7566
Target Levels:
$1.1812
$1.7141
$2.1633
$3.0457
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Happy Trading!!