SUIUSDT.P trade ideas
SUI/USDT Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
SUI has shown a 140% gain from its lower support, breaking above the bearish channel. The price is now above the 35 EMA resistance, and it is likely to reach the upper resistance soon.
SUI has the potential to hit as high as $10 if the market favors the bulls.
- Accumulation: Any price range between $0.5 and CMP.
- Resistance: $2.4.
- Higher Targets: $8-$10.
DYOR, NFA.
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#SUI #Crypto #Altseason
Is SUI Ready for 2X Pump? I have been keeping tabs on BINANCE:SUIUSDT for some days.
Right now, it is not a bad idea to buy SUI on the spot market and hold it for 50-100% profits.
If you have some spare stablecoins, you might want to have a closer look at this coin.
Manage your risk appropriately.
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What is the reason for the rapid growth of the SUI price?The mentions of CRYPTOCAP:SUI in social networks have increased by 8 times.
1️⃣ Did the #SUI team make an ultra-revolutionary breakthrough in the crypto world?
2️⃣ Or did they just allocate a large marketing budget for "crypto influencers"?)
Now, OKX:SUIUSDT price has reached a strong mirror level.
1️⃣ "Natural" growth should have occurred according to the red scenario (growth-correction-growth).
2️⃣ And the information drive into the project for "new buyer hamsters" and pamping, because "tomorrow will be more expensive," may continue for a little while longer.
But there are many levels ahead, where there will be plenty of people willing to get out of CRYPTOCAP:SUI to "zero" after sitting in a drawdown for almost a year.
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#SUI/USDT#SUI
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.8600
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.9200
The first target is 0.970
Second goal 10.04
Third goal 11.12
#SUI/USDT#SUI
The price is moving below a strong downtrend on a 4-hour frame and is about to break to the upside after being tested now.
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We have a bounce from the green support area at 0.5800
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.6150
The first target is 0.6900
The second target is 0.7500
The third goal is 0.8240
#SUI/USDT#SUI
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.7060
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.7600
First target 0.8295
Second target 0.8800
Third target 0.9368
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.6200
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 0.6400
First target 0.6895
Second target 0.7200
Third target 0.7526
Sui/Usdt IdeaSUI/USDT Updates as per Members' Demand
SUI/USDT is showing significant strength, with a confirmed breakout.
However, I would not recommend entering at the current moment.
As visible on the chart, there is a notable Fair value Gap.
The price is expected to retrace to this zone, which will serve as our entry point.
We will wait for the price to reach this level for entry; otherwise, we should ignore it.
Dyor
Sui 300% pump soonWhy BINANCE:SUIUSDT can pump +300-400% soon
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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
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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SUI scalp playSUI is up by almost 90% since the bottom. It's vastly outperforming all other L1s
It's currently retesting the first level of resistance
No need to rush, we can wait for a slight cooldown or pullback
There's a chance we can shoot up to 0.96 to $1 area if we can hold 0.76 to 0.74 support