SUI 6th try was perfect trade6th try was spot on for SUI
As mentioned in my previous post SUI was testing the highs for the 6th time. Sooner or later one of these tests should make it. Most of the time i check them from the 4th on. Every try after has a higher probabillity for succes if the older test failed.
SUI mad a clean breaktrough and retested the line of resistance making it support. Volume is good but we can also see that the bear volume is rather high in the red candles.
Due to the new ATH there will be more and more people taking proffits at certain levels of the fibonacci trend for example.
DYOR and take proffits along the way or move the Stop loss towards lows that should not break anymore.
Next lever should be between $5,24 and $ 5,34 because that is where the next liquidity is hiding.
SUIUSDT.PS trade ideas
SUI Roadmap==>>Short-term!!!First, let's take a look at the previous BINANCE:SUIUSDT Roadmap that I shared with you on October 8, 2024 , which was well done with this analysis (I told you both the correction and the increase).
The SUI token has experienced significant growth in the past 24 hours , driven by several key factors :
1- Expansion of the DeFi Ecosystem : The Sui Network has experienced a significant increase in Total Value Locked (TVL), signaling growing adoption and investor confidence.
2- Rising Open Interest : A noticeable increase in open interest indicates higher liquidity and greater participation from traders, further driving price appreciation.
3- Increase in Daily Active Addresses : The number of active addresses on the Sui network has grown, reflecting heightened user engagement and network activity.
4- Haedal Protocol Secures Seed Funding : Haedal Protocol, focused on liquid staking solutions for Sui, closed a successful seed funding round with major investors like Hashed and the Sui Foundation. Its haSUI ( PYTH:HASUIUSD ) token enables users to earn staking rewards while maintaining liquidity for DeFi activities, contributing to Sui's ecosystem growth with over $200M in TVL.
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Now let's look at the SUI token chart on the 1-hour time frame and see if we still have a chance to profit from the increase in SUI!?
SUI managed to break the Resistance zone($5.00-$4.76) and seems to be completing the pullback now .
According to the theory of Elliott waves , SUI seems to be completing microwave 4 of microwave 3 of the main wave 5 .
I expect SUI to start increasing again after the pullback is completed, and we can profit at least +10% from the SUI token .
⚠️Note: If SUI falls below the Resistance zone($5.00-$4.76), we should expect it to fall further.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Sui Analyze (SUIUSDT),1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
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Supper bullish SUI SUI/USDT is showing a super bullish setup, with strong buying momentum driving the price higher.
The recent breakout above key resistance levels suggests further upside potential, with the next targets likely in focus.
As long as support zones hold, SUI remains positioned for continued upward movement.
dyor, nfa
suiusdtlong"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
is APT the next SUI?📌Reason for comparison:
APT (Aptos) and SUI (Sui) are two emerging Layer 1 blockchain platforms that have captured the attention of the crypto community due to their innovative designs and shared heritage.
Both were developed by teams with backgrounds in Facebook’s abandoned Diem project and use the Move programming language, making them natural counterparts.
📌 TA Comparison:
Last year, SUI performed well despite being launched just a few weeks after Aptos.
Will this year belong to Aptos?
If APT follows SUI's price action, we can expect further upside from here after finding the second bottom, as indicated on the chart.
A parabolic movement is likely to begin once APT breaks above the upper boundary of the range.
What are your thoughts?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
suiusdt long"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Is SUIUSDT on the Brink of a Major Breakout?Yello, Paradisers! #SUIUSDT has been showing remarkable strength, steadily climbing within an ascending channel and gaining momentum from its ascending support. Adding to the bullish narrative, the price is forming an inverse head-and-shoulders pattern—a powerful indicator suggesting the potential for a continuation to higher levels.
💎However, a significant challenge lies ahead. #SUI faces a major resistance zone between $4.80 and $5.00—a critical level that has repeatedly acted as a barrier, preventing the price from breaking higher. Notably, this range also aligns with the neckline of the pattern, making it a pivotal breakout area.
💎A successful breakout, accompanied by strong trading volume, could spark a bullish surge targeting the $5.45–$5.70 range, where the 1.618 Fibonacci extension resides. This area might prompt partial profit-taking as traders capitalize on the move. However, if momentum continues to remain strong, SUI could soar even higher, reaching the next significant resistance levels around $6.50–$6.80, fulfilling the pattern's target.
💎On the downside, SUI is well-supported. Initial support is seen at the $4.00–$3.90 zone, with additional strong support at the ascending trendline near $3.65—a level that has held firm for over 45 days, reinforcing its significance.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
Lingrid | SUIUSDT possible Sell-Off at the Dawn of 2025BINANCE:SUIUSDT is currently consolidating after reaching the psychological level at 5.00. It’s been moving back and forth, forming lower highs while bouncing off the trendline. The last two weeks of December and the first two weeks of January were characterized by sideways movement last year, and it appears we may be experiencing a similar situation now. It’s important to note that there was a strong bullish impulse leg before, but the price failed to continue moving higher, indicating a lack of bullish momentum to sustain that upward movement. This suggests that we might see some bearish action in the near term, potentially setting the stage for a stronger bullish move later on. I expect the market to retest at least channel border. My goal is support zone around 3.61
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SUI Is The Best Asset Of 2024, But It's Almost DoneHello, Skyrexians!
Recently we looked at the assets with the high potential, which are still in the accumulation phase. Today we will take a look at the coin BINANCE:SUIUSDT which has already brought a lot of profit to its holders. While other alts are scamming every day, this coins performs great and now we can see a lot of optimism around this crypto. Is it time to sell SUI or rally will continue and this coins is the next Ethereum?
Let's take a look at the weekly time frame. Elliott waves theory tells us that listing pump was just a wave 1. After that we have seen the consolidation in a wide range. Price was able to maintain at pretty high level and continue pumping. We can count this wave as a wave 2 in a shape of flat correction ABC. After that price started the impulsive wave 3. This wave has the maximum target at 2.61 Fibonacci extension at $6. Correction can start in any moment now, so this token is dangerous.
After corrective wave 4 which can reach approximately $3, we expect the final wave 5 which has the targets above $8. There we have to wait for the red dot on the Bullish/Bearish Reversal Bar Indicator , after that reversal is expected in the new bear market. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Best regards,
Skyrexio Team
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Top 3 high conviction altcoin SuiOver the years I have learned that crypto "fundamentals" dont matter. Category, and trending against BTC is all that matters if you want to make money. Do not get yourself sold by the story, look at the chart, this is internet money, not stocks. Sui I added back around the 2$ mark and I have been adding with size as I cut my slower movers (Near, AKT, INJ). Generally older tokens are not performing well in this market, its new tokens, and tokens that have trended for months up against BTC.
Sui has already dipped into the weekly demand zone. My target remains 6.35$. We note a cooling off BBWP that flashed red recently, and a resetting stochastic RSI, this cool off is needed.
SUI seems overheated, and a correction is just beginning.While this coin has the potential to surprise—thanks to strong backing from major VCs and quality market makers—it appears too overheated to sustain further growth without a correction.
In fact, the correction has already begun, as indicated by the **bearish MACD EMA crossover**.
- The **RSI also shows a significant bearish divergence**, reinforcing the likelihood of a pullback.
Adding to this, many investors were drawn in by SUI's massive pump but may now begin to lose confidence. If SUI dips below the key support level, we could see a cascade of selling pressure:
- Leverage positions liquidated.
- Stop-loss orders triggered.
Based on these signals, I anticipate a serious correction that could drive the price down to $2.
Key levels to watch:
- If CRYPTOCAP:SUI drops below $3.20, there’s little support until $2.35.
- Exercise caution and monitor these levels closely.
As always, **DYOR (Do Your Own Research).** 🚨
Sui chart, trend reversal is comingMerry christmas,
These days was bleeding the market, it seen like there will be a reversal.
Sui 1 hour has on the stoch een diversion, we are on the fib 0.786 if the don't brake, we market will go up again.
I have been useing easy algo indicators, this indicator works almost evertime
Bearish Div plus lots of unfilled orders Bearish Div, left over orders and liquidity, looks like it is more interest to go lower than higher now that's just my take from what i see. could be wrong.
wait for entry for a long at these levels 3.05 looks like the safest levels i have orders from 3.16 down to 2.95 as it moves so fast at the moment.