SUIUSDT.PS trade ideas
A SUI Recovery status!Hey SUI is breaking up the 1$ level, which is an important psychological barrier.
A good chart pattern were formed and overall, the market is turning positive...
Let's assume that the BTC Bias remain positive, where could we see this price?
we have some ideas, around 1.24$ - 1.5$ as first and second target.
But if we count the waves, we could see the 3rd wave ranging around 2.5$! wow!
What do you think about?
Good trading!
Comprehensive SUI/USDT TA: Projected Upswings and Potential Corr"Comprehensive SUI/USDT Technical Analysis: Projected Upswings and Potential Corrections 📉📈"
This technical analysis on the SUI/USDT daily chart identifies an upward channel with anticipated swings and retracements, giving traders a roadmap for navigating future price action. Historical analysis shows SUI's tendency for sharp upward moves, reaching gains over 400%, followed by significant corrections. The 50 EMA and 200 EMA lines continue to act as dynamic support and resistance levels. Key resistance zones around 3.56 and a potential peak near 5.24 are highlighted, with green arrows marking possible retracement areas. This analysis aims to guide traders in timing entries and exits, based on projected movement within the channel, for strategic positioning in the SUI/USDT market.
SUI Price Action Signals Mixed MomentumBINANCE:SUIUSDT is currently experiencing a pivotal moment on the 1-hour chart, as recent price action indicates a consolidation phase amid key support and resistance levels. The latest analysis reveals a decline from $3.0683 to $2.9465, suggesting a general downtrend. However, a slight uptick in the final closing price hints at a potential minor rebound if support holds near $2.9461.
The exponential moving averages (EMAs) reflect a prevailing bearish sentiment, with the 9-period EMA positioned below the 20-period EMA. This trend suggests a continued short-term downtrend, although a close above the $3.0389 resistance level could signal a more optimistic outlook.
The MACD indicator shows a struggle for bullish momentum, with the MACD line remaining below its signal line. Recent attempts by bulls to reverse the downward trend have resulted in weak buying pressure, indicating that traders should watch for any significant divergence that may signal a shift in momentum.
Currently, the RSI hovers in a neutral zone, suggesting that SUI is neither overbought nor oversold. A continued decline towards 30 could attract buying interest, while a push beyond 50 may support a bullish move towards resistance levels.
For traders considering a long position, potential entry points near the $2.9461 support could be promising, with targets around $3.0389 or $3.0441. Conversely, short trades may find entry around the $3.0389 resistance if bearish signals strengthen.
Will SUI keep up the trend after a new ATH?The SUI price has launched a fresh bullish attack as the bears seem to remain off-the-track for a while. The rise in the buying volume and pressure suggests the token is expected to maintain a strong ascending trend, even after breaching above the resistance of the rising expanding channel. Now that the token has found fresh highs around $3.3, the next pitstop could be around $3.5 which may just be a matter of time.
The SUI price has experienced a massive rise in volume, which soared from levels below a billion to as high as $3.6 billion in just a couple of days. This huge influx of trading interest suggests the potential increase in the price, which could push the price beyond the interim highs. However, the bears are not expected to hinder the progress of the rally, and hence the SUI price rally is believed to follow the market sentiments until the end of 2024.
SUi: $1.35 | the next BiG THiNG for 2025-2026 a Layer 1 doing protocols right the first time
debut with a strong reception and communities
an internet chain PROGRAMMABLE PLATFORM
that can run multiple deals txn at the same time
reminds me of hyper threading back in the days
just broke out this week after 90 days of allocation
to informed investors and speculators able to get volume at sub $1.0
a lot similar play to SOLANA at $1 then a year later dazzled at $100+++
SUI Retest Signals Potential 62% Surge: $4 Target in SightSUI/USDT trading pair, indicating a potential bullish scenario. The chart suggests that SUI has already broken past its previous all-time high (ATH) and is currently looking to retest a fair value gap (FVG) or a significant demand zone. This zone, marked in green, acts as a key support level where buyers may re-enter the market.
The price projection outlined in the chart anticipates a retracement towards the FVG/demand zone before resuming its upward momentum. If SUI tests this zone and shows bullish price action—such as forming reversal patterns or strong bullish candles—it would confirm buyer interest and set the stage for a strong rally.
The white projected path indicates that, following a successful retest, SUI could continue its upward trajectory toward the $4.00 target level. The analysis points to a potential gain of around 62.22%, signaling significant upside if the bullish scenario plays out. Traders should watch for confirmation of support and buying volume at the FVG or demand zone before entering long positions to ensure the continuation of the bullish trend.
Sui idea I think sui it’s going to get trimmed at top of channel . Very nice run so far . I sold to early too bad . I think sui retraces here a small pullback as rsi is overbought on the 4 hour and hitting top of channel bulls might not have enough momentum to break above it for now . Not shorting but will but the pull back
The Banana Zone Series - SUI Buy the Dip Levels (6 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with SUI.
As you can see in my analysis, pull backs to $2.57 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $2.79 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
#SUI reaches the stage resistance zone📊#SUI reaches the stage resistance zone ✔️
🧠From a structural point of view, after we break through the neckline resistance zone at the daily level, the neckline resistance zone turns into a support zone, and a new bullish structure is established. We have now reached the stage resistance zone, and we need to be alert to the occurrence of a pullback.
➡️The overall trend belongs to a bullish trend, so no matter how it rises, it is reasonable. The best transaction is to go long after the pullback. If the pullback does happen, then the support zone that can be paid attention to is the neckline support zone
Let's see👀
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BINANCE:SUIUSDT
$SUI WARNING: pump then dumpNYSE:SUI is experiencing a significant pump due to BlackRock's announcement of a specific NYSE:SUI trust fund. However, on August 3rd (and on the 3rd of every month until January 2025), NYSE:SUI will undergo a large token unlock for their Series B and C investors.
The concern is that there was no immediate impact from this token unlock, suggesting that the VCs may be waiting for retail investors to FOMO into NYSE:SUI following the BlackRock announcement before they dump their coins.
Once the FOMO cools down, it's likely that the VCs will sell, which could cause the price to drop.
NYSE:SUI is currently in a downtrend, forming a falling wedge pattern due to the monthly token unlocks that began in July 2024. The upcoming inflation will be difficult for the market to absorb. The token unlocks will slow down in January 2025.
DYOR
Here I buy SUI at $2.50Here I buy SUI at $2.50
And I'm starting to buy this one with market orders at $2.50
I'm swalloing all sell orders starting from $2.50
And SUI supply shock is happening before your eyes.
Remember: Action takers are money makers. Supply shock is my narrative
I know you're here for the technology, but I'm here for the money. Switching your mindset from ''I hope I can do this'' to ''I'm going to make this sh# NYSE:T happen'', is a game changer
And now that you're still in denial, you're gonna hear my voice when I shout it out loud
It's bull maaaaarket it's now or never
It ain't gonna last forever
my buys are like an open HIGHWAY
like frankie said I did it MY WAY
I just want to buy while I'm alive.
CRYPTOCAP:SUI #SUI
Cup and handleSUI about to go on a run!
We need to close above 2.37 resistance and we are looking good.
Crypto as a whole is bullish after US election, so this shouldn't be too hard to achieve in the near term.
As for 1st TP, we're looking at FIB 1.6 extension (~3.57) as we're at ATH and there's no resistance above current.
Buckle in!