Transform Your Portfolio: SUI Ascent to $30SUI, a layer-1 blockchain designed for high throughput and low latency, has garnered significant attention in the crypto space. Its architecture leverages a unique approach to data storage and transaction execution, allowing it to process a high number of transactions per second. This efficiency is vital as DeFi and Web3 applications continue to grow, requiring scalable solutions to handle the increasing demand. As more developers build on the SUI blockchain, its utility and adoption are likely to rise, potentially driving its value upward.
Market sentiment and macroeconomic factors also play a crucial role in SUI's price trajectory. If the broader cryptocurrency market experiences a bullish trend, SUI could benefit from the increased investment flow into digital assets. Additionally, strategic partnerships, integration with other platforms, and community engagement could further enhance SUI's visibility and adoption. If the momentum continues, reaching a price point of at least $30 during this market cycle could become a realistic expectation for investors and enthusiasts.
SUI
Ascending Triangle on SUI?SUI is showing promising signs of forming an ascending triangle pattern, a classic bullish technical formation that traders closely monitor for potential breakouts. This pattern emerges as the price continues to make higher lows, indicating growing buying pressure, while encountering resistance at a consistent horizontal level. The tightening price range suggests an impending decision point as bulls and bears battle for dominance.
With trading volumes often playing a critical role in confirming the breakout, it’s essential to watch for a surge in activity near the resistance zone. If SUI successfully breaks above the resistance, it could signal a strong upward momentum, potentially taking the price to new highs. However, it’s important to remain cautious, as false breakouts can occur, and any sustained movement below the lower trendline could invalidate the pattern.
Overall, the ascending triangle pattern reflects increasing investor confidence in SUI. Patience and disciplined risk management will be key for traders looking to capitalize on this setup. Keep an eye on key support and resistance levels, and prepare for potential volatility as the pattern approaches its apex!
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!
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 don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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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).** 🚨
SUIUSD: The 1D MA50 held again. Bounce incoming.SUI turned stayed bullish on its 1D technical outlook (RSI = 58.166, MACD = 0.287, ADX = 25.285) as the short term pullback stopped right on the 1D MA50, touching it for the first time since November 5th. This kept the Channel Up intact while the RSI hit and bounced on its own 4 month S1 Zone. This is the buy signal for the new bullish wave. We are bullish and aiming for the minimum +140% increase (TP = 7.000).
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SUI: key levels to watchSui Network (SUI) has a strongly bullish long-term outlook. It has performed remarkably well since September, rallying nearly 500% in under four months. Bitcoin’s (BTC) 4.8% price dip in the past 24 hours pulled Sui 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 they’re ready to drive the next impulse move higher.
Sui’s 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. The Bitcoin price dip and the consolidation phase for SUI meant that this range formation could continue for a few more days.
SUI Possible New ATH, AgainLooking at the Oscillator's curves I circled, that means the current CRYPTOCAP:SUI Price Action is oversold.
we are very close to Alt seasons, indicated by CRYPTOCAP:ETH rally. So, there's a big chance that smart moneys will start to accumulate the big caps of alt coins.
Well, SUI is one of the best alt coins out there.
My personal target
TP 1 $5
TP 2 $10
Friendly reminder, I don't set stop losses as I'm not doing derivatives market
Alt seasons is coming very soon, do not lose your money by speculating low to no market caps coins! it's always a great choice to bet on bluechips and large caps
#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 No—Who Wins SUI’s 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. That’s 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 crossroads—will it charge forward or stumble? Keep an eye on $4.956 and $4.644; they’re the real decision-makers here.
SUI - Get ready for 15$#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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VectorAlgo
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$AXOL Surges 266% to a New All-Time High in Just 2 DaysThe SUI ecosystem is making waves, and $AXOL, its beloved memecoin, is leading the charge. In just two days, $AXOL has soared 266%, reaching a record-breaking all-time high (ATH) of $0.07905, with its market cap climbing to $64.73 million yesterday.
This impressive rally aligns with the growth of its native blockchain token, CRYPTOCAP:SUI , which also reached a new ATH of $4.26. The synergy between $AXOL and the SUI blockchain highlights the growing potential of this innovative ecosystem.
What is $AXOL?
Dubbed the cutest amphibian on the SUI blockchain, $AXOL is more than a meme—it’s a community-driven project symbolizing fun and innovation in decentralized finance (DeFi). Built on the SUI Layer 1 blockchain, $AXOL offers an engaging platform for users to explore the potential of blockchain technology while contributing to the ever-growing SUI ecosystem.
Market Performance and Technical Insights
Current Market Activity
- Daily Trading Volume: $5,008,909 (+52.70% in the last 24 hours).
- Market Cap: $67.3 million, ranking it #779 on CoinGecko.
- Fully Diluted Valuation (FDV): $67.3 million, with a circulating supply of 1 billion tokens.
Technical Outlook
Following its ATH, $AXOL is experiencing a 16% correction, a natural consolidation phase after such a meteoric rise. Despite this, key indicators remain strong:
- Relative Strength Index (RSI): Holding at 64, indicating sustained bullish momentum.
- Support Zone: The 38.2% Fibonacci retracement level presents a potential buy zone, with RSI levels expected to dip to 56 or 50 if selling pressure persists.
This correction phase is a healthy sign for a token that has already delivered 1,574.04% growth from its all-time low of $0.004018 (October 2024).
Fundamental Strengths Driving $AXOL
$AXOL’s growth is closely tied to the success of the SUI blockchain, a cutting-edge Layer 1 and Layer 2 ecosystem gaining traction in the crypto world. SUI’s robust infrastructure and recent price rally have fueled interest in projects like $AXOL, further cementing its place in the ecosystem.
The token is also well-supported by active trading pairs on centralized exchanges, with MEXC leading the charge. The AXOL/USDT pair on MEXC reported a trading volume of $2.8 million in the past 24 hours, making it the most liquid option for traders.
Also it is noteworthy to state that in the last seven days, $AXOL has outperformed both the global cryptocurrency market (+6.90%) and the broader memecoin category (-12.80%), proving its resilience and market appeal. Its community-driven approach and integration within the buzzing SUI ecosystem position $AXOL as a standout in the competitive memecoin space.
What’s Next for $AXOL?
While short-term corrections may occur, $AXOL’s long-term outlook remains **bullish**, backed by strong fundamentals and an engaged community. As the SUI blockchain continues to expand, $AXOL is poised to capture further market attention, offering traders and investors an exciting opportunity.
Pro Tip for Investors: Keep an eye on the 38.2% Fib retracement level for potential entry points and monitor RSI levels for signs of a reversal.
OG is trying to return to the trendTo date, the market has consolidated in anticipation of passing the middle of the month and determining the direction for the end of the year. The decision on the US interest rate may have a big impact. But for now, there is still an opportunity for the growth of individual coins with technical signals. TROY is showing itself well, aiming for a breakout of 0.0075. But in this article I want to consider OG, which from the second bottom at the key support of $ 5 can give a trend and catch up with TROY in dynamics. With a successful exit above the previously formed trend line, the nearest target will be a test of the 7.5-9 range. With a successful opening of the second half of the month above 7.5, you can expect the trend to consolidate and further overshoot. For now, the pressure of the unprocessed targets of the bears at 3000-3100 on the ether and 75-85k on the cue ball remains, in connection with which a new wave of sales at the change of the week may be deeper, with a payback after the decision on the US interest rate, in case the dollar weakens. In this negative scenario, OG can test $3.5-$4 where it will be possible to make a top-up, as it was possible to do with TROY. In the medium term, both TROY and OG are good tools with probable.
VIB also gave a new opportunity to re-buy profitably, which, in an optimistic scenario, can turn a weekly candle into a bullish one in order to continue the trend by 0.15 due to the opening of the week above 0.1.
SUIUSD Explosive channel Up targeting $7.000Last time we looked at Sui (SUIUSD) we called it in a figure of speech the "Solana killer" (October 29, see chart below), projecting that its current Bull Cycle will be like SOL's 2020 - 2021:
On the current analysis we view SUI on its own on the 1D time-frame and on a much shorter-term horizon. The dominant pattern has been a Channel Up since the August 05 Low and the dynamic that stands out is that during every Bullish Leg, there has been a +138.89% rally.
Technically the rally is initiated after the 1D MACD forms a Bullish Cross and right now we are on the 2nd successive one. As a result, being supported by the 1D MA50 (blue trend-line), we expect at least another +138.89% rally from the recent Higher Low, thus targeting 7.000. As you can see, that is on the 0.786 Channel Fibonacci level, which hasn't been broken since August 13.
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SUI is grinding upSUI has recovered nicely since the dip however the volume across the market is coming down. The question is can this grind-up be sustainable? The momentum and trend are showing signs of class A bearish divergence. A structure or a retracement to historical levels of support would be the only way to plan a setup with a healthy risk-to-reward ratio.
A similar behavior Between ID and SUIStructurally these charts are almost identical
- Same low and higher low
-same rounding bottom pattern
Accumulate ID while its price is low.
It will become a trend and the talk of everyone as soon as it breaks the round bottom pattern just like what happend with SUI
Best regards Ceciliones🎯
#SUI. Corrections = Opportunities – Plan Ahead! 11/29/24Local market corrections are inevitable, and they present excellent opportunities to find strong entry points.
After securing 6x returns on #SUI, the euphoria has started to fade, and retail traders are being gradually calmed down, leading to the local pullbacks we’re now seeing for #SUI.
Accumulation on spot and opening swing positions should be considered in the $3.2 - $2.8 range, with an initial target of $4. After that, in my view, the price might dip to the $2.0 - $1.6 range before the true rally begins.
DYOR.
SUIUSDT jump
📈 SUIUSDT Trend Analysis 🚀
Looks like SUI just broke through a major resistance level at $1.9740! 🔥 This breakout could signal a bullish continuation 📈, especially if it holds above this level. The next profit targets are marked around $4.4444 and $7.7002 💰 – good spots for traders to consider locking in profits.
📝 Key Tips:
Follow the trend as long as support holds.
Stick to money management rules to protect your gains 🛡️.
Let’s see if SUI can reach those higher levels! 🤑💪