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Suiusdt

#SUI / USDT long trade setupNYSE:SUI was dumped by its VCs after a 20% token unlock on May 9th. This created prolonged selling pressure. However, this project is a major new L1 blockchain, and this dump has actually created a good buying opportunity. NYSE:SUI is poised to recover. There is still some selling pressure, as seen in the price action, so do not expect it to go to the moon like $PEPE. That is why I set my targets relatively low. I will update if the plan is successful. My price target for the bull run for NYSE:SUI is between $8 and $10, so NYSE:SUI at $1.05 is really cheap in my opinion. This is not financial advice. Do your own research (DYOR).
Long
by CryptoNikkoid
SUI price: Ready...steady...Go !)Six months have passed since the publication of the previous #SUIUSDT idea During this time, the NYSE:SUI price has made a cool route: $1,16 👉 $2,10 👉 $0,88 "modestly", but in principle, everything is as predicted) Now, looking at the #SUIUSDT chart, we can say that $0.88 was the very bottom, twice confirmed. And there may be good growth ahead. Do you believe in SUI? Do you hold SUI? 💰 Then the medium/long-term target of $3.50 for #SUI is just for you
by P_S_trade
5
Sui/Usdt Latest Plan SUI/USDT is demonstrating encouraging signs of a potential uptrend on the 4-hour timeframe. The current price action suggests a promising outlook as we closely monitor the trendline resistance for a potential breakout. Should the breakout occur successfully, I foresee a robust bullish momentum materializing in the short term. Traders are advised to keep a close watch on the price action as a breakout could lead to significant upside potential in the near future.
Long
by Crypto-By-Ghazi
$SUI / USDT reached the bottom, bounce back. x5-x10 potentialNYSE:SUI is indeed a very promising project, boasting strong technology, substantial VC support, and a significant Total Value Locked (TVL). However, its tokenomics entail massive inflation, which undermines its growth potential. Nonetheless, it appears that whales have decided to defend the $1 area, resulting in a bounce back. Despite this, the recent 20% token unlock is likely to continue affecting the price, making it unlikely to pump back to its All-Time High (ATH) before VC token releases occur progressively on the way up. I maintain a moderately bullish stance on $SUI. It represents a solid and relatively safe investment opportunity with the potential for x5-x10 gains during this bull run. Please refer to the Fibonacci retracement TP outlined in the chart for further insights. Remember, this is not financial advice; always Do Your Own Research (DYOR) before making investment decisions.
Long
by CryptoNikkoid
11
SUI - to continue the bullish structureWe have let things develop and it seems as it is indeed bullish, I don't really know what to say else only the ETF approval/disapproval could shake this market currently. The correlation between BTC and NVIDIA is also not something you can just ignore but currently I don't think even a miss on NVIDIA earnings could make crypto worry. Looking at SUI now we got the needed change of strucutre and left a FVG and a demand on the way up. We want to bid this demand. With the last push upwards yesterday during the night we grabbed the liquidity from above and a push upwards to $1.26 should be possible after a smaller pullback. Alerts are set ✅
Long
by stromm
Sui Network (SUI) Jumps 26% On Mysticeti Upgrade LaunchedSui Network ( NYSE:SUI ) has experienced a 26% increase in price over the past week due to the launch of its Mysticeti upgrade on testnet. The upgrade has pushed Sui to the top among the fastest blockchains, with the consensus latency reduced to 390ms, an 80% reduction from Narwhal-Bullshark. Sui Network is known for its high-performing blockchain protocol and is now the fastest among all blockchains. The Mysticeti upgrade addresses the trilemma of decentralization, transaction speed, and low cost, particularly in the Decentralized Finance (DeFi) hub, Ethereum. With the new Mysticeti upgrade, the average user can now transact with enhanced experiences across all apps, including lightning fast transactions across all apps. The gaming and DeFi ecosystem will benefit from increased throughput and low fees. The development and launch of the Mysticeti upgrade took an academic approach, with research papers published to benefit both users and validators and developers. The Sui price is currently trading at $1.14, up by 1.43% in 24 hours, and the price for the past week has reached 26.69%. Sui has recently hit the 1 million daily active wallet milestone, and with the Mysticeti upgrade, it is expected to attract more users and lead to a positive long-term price increase.
Long
by DEXWireNews
📊 SUI Trade Analysis 📈Current Situation: SUI has successfully flipped the previous resistance level into support, demonstrating strong bullish momentum and a healthy setup for a long position. Trade Strategy: Entry Point: Enter a long trade above $1.10. Take Profit Targets: $1.30, $1.50, $1.70 Stop Loss: Set a stop loss just below $1.01 to manage risk effectively. 📊🔍 Monitor the price action closely and adjust the strategy as necessary to align with market conditions. #SUIAnalysis #CryptoTrading 🌐🔒
Long
by Richtv_official
SUI $1.70 Long Target - Longed @ $0.89In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal. We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active. Our Entry was $0.89, but Updating this now on the way to $1.70 long target It is possible a dip can come if BTC dips, but if BTC is running to $72K+ this long target is sure to hit sooner than later for a nice 69%+ gain.
Long
by dogdaddevan
📉📈 SUI Trade Analysis 🔄💼Trade Overview: SUI is currently priced at $1.0209 and has recently rebounded to a higher range of support, indicating potential bullish momentum. Trade Technical Details: Entry: Consider entering a trade between $0.90 - $1.10, leveraging the current support level and potential for further upward movement. Take Profit: Set a take profit target at $1.40 to capture potential gains. Stop-Loss: Place the stop-loss below $0.80 to manage risk and protect against adverse price movements. 📊🔍 Monitor SUI's price action closely for trade execution and adjustments! #SUITrading #CryptoAnalysis 🌐🔒
Long
by Richtv_official
The Argument of Unlocked Token ---- SuiIf you regularly engage in DeFi activities, Sui may be familiar to you. This is a network designed to build complex DeFi activities. Relying on a dedicated high-security wallet and Object concept to provide an environment for Dapps that are difficult to innovate on EVM. Judging from the current Defi ecosystem, Sui is undoubtedly second only to the mainnet and Arbitrum. But the price of Sui has almost halved since April. The reason for all this may be attributed to the 50% of unlocked tokens. Some on-chain detectives recently discovered that the total supply of Sui is less than 10 billion, and the number of Sui in the staked state exceeds 8 billion. However, there are 5 billion Sui on the unlocking roadmap that will be unlocked after 2030. Detectives speculate that these tokens, which will be unlocked in the future, have already been unlocked and staked by the foundation. Such behavior has brought centralized criticism to the Sui Foundation. This prompted the market to price Sui with a larger circulation volume, causing Sui to fall sharply. Because the 50% part is not in the true sense of circulation, if the foundation can give the market a satisfactory margin and correct the mistake in the future, Sui will soon be back based on its excellent ecosystem. Sui may continue to maintain a bearish trend before this time. It is also obvious from the indicator. Although Sui rebounded after the decline in early April, the TSB indicator gave a SELL signal on April 16 based on the AI algorithm. Although Sui briefly rebounded after this, it soon fell again. It can also be clearly seen from the indicator chart that when the column touches the wavy area, the bears strengthens and the decline begins. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
SUI in a very important place !!Very important range (0.950 - 1.01) $ If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523). If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target (3.5 - 3.8) $ for this coin. This is an analysis and you are responsible for your profits and losses. It's best to do your own thorough research.
by Crypto-Oracle1
📉🔄 SUI Trading Analysis 📈💡Current Situation: SUI is finding support at $1 after filling the FVG (Fill the Value Gap), indicating potential readiness for the next upward move. Price Action Strategy: If BTC weakens further this week, prepare for a possible fill of the wick at $0.885. Alternatively, if continued strength is observed, anticipate a retest of outlined resistances. Trade Setup: Entry: Trade at current support $1.15 to $1.05. Take Profit: Target $1.31 or next resistance around $1.65. Stop Loss: Set at $1 to manage risk. 📊🚀 Stay attentive to SUI's price action for trade execution! #SUITrading #CryptoAnalysis 🌐💰
Long
by Richtv_official