#SUI Waiting for confirmation to break rangeIn time H4, it completed a correction cycle and returned to the indicated support. If the red box breaks the first one, you can enter the buy position. Otherwise, with a negative reaction in the red box, you can enter the reverse position until the bottom of the upward movement.
SUI
SUI : SHORT SIGNAL : SCALP WHAT'S LEFT OF THIS GUY If this feels a little like deja vu, I feel you..
Apparently SUI doesn't know when to quit..
It's hardly got any remaining teeth and here we go again.. )
Seriously though.. This coin looks extremely bullish in spite of the fact that it's likely coming down some first..
The good news is that getting in at the bottom of whatever's about to happen will put you in a spectacular position from which you can relax and watch the bullrun unfold..
I expect SUI will be one of the first coins out of the starting blocks, rushing to um..
Yep.. I was about to say "The moon"..
Don't you judge me.. ))
Short target: $1.20 (Because we're not greedy)
Here's the previous signal given for SUI:
www.tradingview.com : SELL SIGNAL : SCALP THAT INJUN
Alibaba Cloud's Amplified Support Propels $SUI to an 11% SurgeThe NYSE:SUI token experienced a remarkable 11% surge in its price, driven by Alibaba Cloud's intensified commitment to bolstering the NYSE:SUI network. This surge, witnessed on Wednesday, comes hot on the heels of a strategic partnership expansion between Alibaba Cloud and Mysten Labs, promising a new era of support and growth for the Sui ecosystem.
Price Surge and Growth Trajectory:
NYSE:SUI token's value soared by almost 11% on Wednesday, maintaining a 24-hour trading range between $1.12 and $1.31. This surge adds to an impressive upward trend, with the NYSE:SUI token recording an astounding 60% increase in the last two weeks, according to CoinGecko analysis. The robust performance signals growing investor confidence and heightened interest in the Sui network.
Alibaba Cloud's Expanded Partnership:
Alibaba Cloud's expanded collaboration with Mysten Labs is not merely symbolic; it brings tangible benefits to the Sui network. The partnership introduces a suite of services and tools aimed at fostering the growth of the NYSE:SUI ecosystem. Among these offerings is the integration of Alibaba Cloud's cloud services into Scale3 Labs’ Autopilot platform. This integration streamlines the process for developers, allowing them to deploy NYSE:SUI full nodes with a single click, a significant leap towards simplifying blockchain technology access.
Comprehensive Developer Support:
Alibaba Cloud's support extends beyond basic infrastructure, providing comprehensive observability tools for blockchain nodes and validators. These tools include essential features such as alerting, monitoring, and AI-enabled logging. The strategic collaboration also involves Mysten Labs and ChainIDE working on an AI-assisted tool for ChainIDE, a blockchain-focused development environment. This multifaceted approach underscores Alibaba Cloud's commitment to empowering developers within the Sui network.
Strategic Incubator Initiatives:
The partnership between Mysten Labs and Alibaba Cloud goes beyond technical integration. It includes support for incubator projects and the hosting of hackathons in strategic locations like Hong Kong, Singapore, and Dubai. These initiatives aim to cultivate a robust NYSE:SUI network ecosystem, facilitating smoother transactions and enhancing user onboarding for developers on Alibaba Cloud.
Closing the Developer Gap:
Recognizing the importance of a diverse and skilled developer community, Alibaba Cloud tailored its services for Sui builders last year, focusing on secure infrastructure and archival node services. The recent addition of AI-enabled development environments and the translation of Move documentation into Asian languages further bridges the gap, ensuring that a broader pool of developers can contribute to and benefit from the Sui network.
Conclusion:
Alibaba Cloud's comprehensive support for the NYSE:SUI network marks a significant milestone in the convergence of blockchain technology and user-friendly online tools. The collaboration with Mysten Labs is poised to elevate the utility and engagement of the Sui network, offering crucial support to developers and positioning the token for sustained growth. As blockchain technology continues to evolve, Alibaba Cloud's strategic initiatives could pave the way for a more accessible and vibrant future for the Sui network.
Will Sui Continue its Upward Trend?
Over the past week, NYSE:SUI has surged by 100%, reaching a yearly high of $1.45, where new resistance has formed. Currently, the asset is trading close to this resistance zone, and given the absence of significant corrections in the asset's chart recently, there is a possibility of a minor retracement.
However, considering the growing TVL in the Sui network, significant activity within the DeFi ecosystem of this blockchain, and the absence of negative developments surrounding the primary cryptocurrency, the most likely scenario is the continuation of SUI's upward trend. The next target for buyers would be the $1.5 price level.
In case of a temporary correction, NYSE:SUI could retrace to support zones ranging from $1.22–$1.27, $1.14–$1.19, and $1.09. If the overall crypto market conditions remain stable, the decline in SUI should be viewed as a potential buying opportunity in the spot market.
Reward one (SUI)📊Analysis by AhmadArz:
in direct to up-trend
R/R=1
🔍Entry: 1.259
🛑Stop Loss: 1.193
🎯Take Profit: 1.324
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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SUIUSDT Evaluating Bullish Prospects from Demand Zone? 👀🚀SUI💎 Paradisers, let's delve into #SUIUSDT, which is currently exhibiting a fascinating pattern. Situated in a demand zone, SUI shows a strong likelihood of embarking on a bullish journey.
💎 Our recent observations reveal that #SUI has successfully executed a Market Structure Shift (MSS) and surpassed a formidable supply level at $0.7828. This level has now transformed into a demand zone. If NYSE:SUI can maintain its momentum above this zone, it stands a high chance of reaching and potentially surpassing a major supply zone above.
💎 However, it's crucial for astute traders like us to always have a Plan B. If #SUI is unable to sustain its momentum above the demand zone, we should be prepared for a different scenario. This would involve expecting a bullish recovery from a lower support level at $0.7244. Be mindful, though, that breaking below this support could trigger a significant bearish movement. 🌴💰
SUI - This ALT can EASILY x100📉Hi Traders, Investors and Speculators of Charts📈
I've been focusing on altcoins with use case and good upside potential and SUI is one of them. Although SUI has recently increase 70%, this altcoin can still increase exponentially from here once the market cap picks up.
Endorsed by Ledger; Sui is a decentralized layer 1 blockchain that uses a specific type of proof-of-stake consensus named delegated proof-of-stake. Sui is a unique blockchain using the Move language and parallel transaction execution, which allows it to process transactions much faster than its competitors.
In short, Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.
This way, Sui allows for fast, private, and secure digital asset ownership accessible to everyone.
The nascent project has a flourishing ecosystem of dApps ranging from NFT and DeFi to GameFi. With scalability and fees remaining a concern, more and more developers are expanding out to other ecosystems. SUI is a solid project and over time more and more people will start to build on it - and use it.
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CryptoCheck
BINANCE:SUIUSDT
Top Gainers Today : SUIMarket is Down, but SUI/USDT is pushing higher.
What Is Sui (SUI)?
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone.
Who Are the Founders of Sui?
Mysten Labs, the original contributor to Sui, was founded by by former executives/lead architects of Meta’s Novi Research (the team responsible for Diem blockchain and Move programming language): Evan Cheng; Adeniyi Abiodun; Sam Blackshear; George Danezis; Kostas Chalkias.
What Makes Sui Unique?
Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.
......................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Disclaimer
SUI-USDT VOLUME BREAK up $2Thank you for reading this update.
Depending on our study we see that SUI has a good chance of volume break.
This updates depending on day trade, And the market should confirm with time the right market way.
If SUI gets the confirmation in the coming time as the trend shows, we could see a price action up $2
This trend can take some time for confirmation.
#Nottradingadvice
SUIUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: SUIUSDT
📊 Trade Details:
Entry Point: Current market level "≈0.90"
Target 1: 1.24
Target 2: 1.40
💡 Risk Management:
- Only use 5% of your capital for this trade to mitigate risks.
- Avoid going ALL IN on trades, even if you're confident they will succeed.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment by regularly monitoring and adjusting levels as needed.
- Successful trading requires patience. Allow the trade to develop and avoid impulsive decisions.
🔄 Additional Buy Zone:
- Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends.
⚠️ Spot Trading vs. Futures:
- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.
🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
#SUI/USDT LONG#SUI
The price has moved in a descending channel since last June.
And that channel was broken, and the direction changed.
Now expect a decline to retest the new support area at 0.5000.
Current Price0.6916
Target 0.5000
Before completing the ascent again
Target 0.8777
Please take advantage of support and resistance points
SUIUSDTBINANCE:SUIUSDT is the only one that has not performed well compared to the others. In my opinion, with the rank of #76, we should expect a sharp pump from it. We may have missed the entry point, but if I want to enter this trade, I would like to enter the trade at price 0.53- 0.50
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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🚨 Availability of limit sellers SHORT #SUIUSDTSHORT #SUIUSDT from $0.6031
30m TF. The instrument is moving in a locally downtrend with a decrease in price maxima along the slope, which confirms the presence of limit sellers. The price is being squeezed towards the accumulation of support levels, beyond which liquidity has accumulated with multiple approaches.
The signal to enter the deal will be a trade near the levels and the appearance of active sales in the glass before the breakdown.