#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 1.690
We have a downtrend on the RSI indicator about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.727
First target 1.800
Second target 1.862
Third target 1.936
Suiusdtidea
Sui (SUI) scores 11% growth in the last 24 hours: analysisWith a bullish recovery rally gaining momentum, the SUI token price shows an exponential rise. Over the past 24 days, it has increased by 135%, with a streak of massive bullish engulfing candles.
Currently, it is challenging the 78.60% Fibonacci level at $1.74. With a golden crossover in the daily chart, the RSI line is trading high in the overbought zone.
Based on the Fibonacci level, the next target for this rising altcoin stands at $2.00, with the upside potential to the $3.00 resistance level at $1.618 Fibonacci level.
SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains.
Current Price: Around $1.02
Optimal Entry Zone: $0.75 to $1.00
Target: $2.58 (154% potential gain)
Resistance: A breakout above this level could unlock major upside potential
Lower Support: Strong support around $0.50
Two Potential Scenarios:
Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal.
Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate.
Strategy:
To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction.
A breakout above this key resistance could see SUI reaching new highs.
This is a setup worth watching, especially for those looking to accumulate on retests.
Please keep it on your radar!
Not financial advice. DYOR!
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Thank you
#PEACE
$SUI Breaks Out of its Bull Flag! SUI NYSE:SUI (Sui) is forming a bull flag pattern on the 12H chart, which is typically a bullish continuation pattern. A breakout above the flag could indicate significant upward momentum.
📈 Entry Point: $1.0200 to $1.0400
🎯 Targets: $1.2000 $1.4000 $1.5000
🔄 Trading Options: SUI NYSE:SUI is available for trading on multiple exchanges. Consider setting a stop-loss at $0.9500 or if the price falls back into the flag pattern.
📊 About NYSE:SUI : Sui is a decentralized platform built for scalability and low latency. It aims to drive Web3 innovation with faster transaction speeds and lower fees.
📢 DYOR, NFA
#Crypto
Sui/Usdt IdeaSUI/USDT Updates as per Members' Demand
SUI/USDT is showing significant strength, with a confirmed breakout.
However, I would not recommend entering at the current moment.
As visible on the chart, there is a notable Fair value Gap.
The price is expected to retrace to this zone, which will serve as our entry point.
We will wait for the price to reach this level for entry; otherwise, we should ignore it.
Dyor
#SUI/USDT#SUI
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break it upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4600
We have a trend to stabilize above the moving average 100
Entry price 0.4739
First target 0.5059
Second target 0.5496
Third target 0.5964
$SUI in a technical downtrend. Bottom and Buy zone in the chart.NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment.
What does the chart say?
We had an M pattern formation that turned into a downtrend channel. Because the coin is new and experienced phenomenal growth, there is not much resistance until the bottom of the latest uptrend.
The identified bottom is between 0.35 and 0.52, which is our buy zone. Buying here guarantees some good profit when CRYPTOCAP:BTC recovers and pumps to its all-time high.
I would not buy NYSE:SUI outside of this zone, as it would be too risky. I do not think it will reverse until it enters that buy zone.
Always do your own research (DYOR). This is just chart analysis and commentary, not financial advice. Crypto is highly volatile, and any idea can be invalidated by external factors.
$SUI/USDT - Breakout June/July 24NYSE:SUI seems to be on the bull div on HTF, it is going to ping the 50day EMA soon and if it successfully breaks-out of that neckline it will go all the way. Keep a close eye on that .382 level this is the main resistance zone where it needs to push hard to make its way into the bull cycle!
Beware, use caution and make your entries on super low lev here until BTC has finally settled and bounced off of a strong support line which is in my hypothesis 62.5 - 59 anywhere between those lines. Can happen real soon.
July should give us good green market.
Green trading ya'll
#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).
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 $3.50 for #SUI is just for you
Sui/Usdt Latest Plan SUI/USDT is demonstrating encouraging signs of a potential uptrend on the 4-hour timeframe. The current price action suggests a promising outlook as we closely monitor the trendline resistance for a potential breakout. Should the breakout occur successfully, I foresee a robust bullish momentum materializing in the short term. Traders are advised to keep a close watch on the price action as a breakout could lead to significant upside potential in the near future.
SUIUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth.
Entry: Market and lower (im in pos + limit order at 0.7)
Targets: 3 - 5 - 7 - 12
Longterm target zone: 10 - 15$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
It's not financial advice.
DYOR!
SUI target $1012h time frame
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SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12.
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Bull target: $10~$12
SUIUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
The minimum conditions for impulse have been completed, waiting for correction and continuation of growth.
Entry zone: 1.15 - 0.95
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
SUI/USDT Indicating Bounce and Back to upward tested on ATH!💎 SUI has recently showcased noteworthy market dynamics, encountering rejection at the resistance all-time high (ATH) level, resulting in a downward movement towards the demand area.
💎 Currently, SUI is exhibiting signs of a potential bounce from the demand area, indicating a possible upward trajectory. If this bounce proves valid, SUI may resume its upward movement and revisit the resistance ATH.
💎 However, if SUI breaks below the demand area, it could signify a bearish trend continuation, leading to further downward movement towards the support area around 0.98.
💎 The support area holds significant importance, as a bounce from this level is crucial for SUI's potential continuation of the upward movement.
💎 Failure to bounce and a subsequent breakdown below the support would further strengthen the bearish momentum, potentially resulting in continued downward movement for SUI.
SUI target 2.14h time frame
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SUI is getting support at 0.618 Fibonacci Projection which made of the wave from 0.36 to 1.7. Furthermore, SUI also retested the 0.382 Fibo Projection twice, that is measured by the new and smaller wave. These retest present great support for SUI at 1.36~1.5, and allow us to set up a comparable well trading plan.
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TP: 2.1~2.2
SL: 1.33
SUI/USDT Bearish is confirmed. Keep an eye wait on the key area!💎 SUI has recently demonstrated notable market dynamics, breaking down from the rising wedge pattern, a bearish signal.
💎 This indicates a potential shift towards downward movement, with a retracement back to the demand area, previously a supply zone around $1.38.
💎 If SUI manages to bounce upon reaching the demand area, accompanied by bullish candle rejections, the price can resume its upward trajectory, probability aiming to break through the strong resistance area or reach its all-time high (ATH).
💎 However, if SUI fails to bounce or breaks down below the demand area, it suggests continued downward momentum, potentially leading the price towards the Bullish Order Block (OB) area or even lower levels. Traders should closely monitor price action around these critical levels to assess future market direction.