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SUI

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SUIUSD trade ideas

SUIUSD Still holding the 1D MA50 after 4 months! Bullish to $10.Sui (SUIUSD) has been trading within a Channel Up since the August 05 2024 market bottom. The last 10 days of December are seeing a vicious test of the 1D MA50 (blue trend-line), which is so far holding as Support. In fact the last time we had a 1D candle close below it, was 4 months ago (September 05 2024). With the 1D RSI making a bullish reversal and breaking above its MA (yellow trend-line) while the 1D MACD is about to make a Bullish Cross, both indicators in similar fashion as the bottoms of October and September 2024, we treat the current consolidation above the 1D MA50 as the strongest buy signal of the past 2 months. The previous two Bullish Legs both rose by exactly +219.25%, so our Target is currently a little below that margin at $10.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SUIUSDLong
by TradingShot
3
SUI (Sui): Bullish Momentum as Price Nears Key🔥 Potential Price Targets for Next Month: 🩸 Near-term Goal: $5.00 🩸 Long-term Goal: $4.50 🔥 FinCaesar's Strategy: 🩸 Long: Above $4.50, targeting $5.00 and $5.50. The bullish MACD momentum and strong EMA support further gains. 🩸 Short: Below $4.50, targeting $4.00 and $3.50. A breakdown could signal a potential reversal. 🔥 FinCaesar's Commands: 🩸 Resistance: $5.00 — The key resistance to overcome for bullish continuation. 🩸 Support: $2.67 — A breakdown below this could lead to deeper downside. Sui is currently in a bullish phase, with MACD momentum indicating further upward pressure. If the price can break through $5.00, expect further gains. However, if $4.50 holds as support, expect a potential consolidation around $4.50. 👑 "In the face of strength, precision is key—seize the moment." — FinCaesar
CRYPTO:SUIUSD
by FinCaesar
SUI is about to FLY HIGH!So, there was a lot of FUD about SUI being rejected at the $4.98 resistance level and yesterday it passed it. Today we are seeing a healthy test above $5.00 which means that support will now be $4.98 and an upward climb to $10.00 shall commence. Im loading up bags at the daily/weekly close today once the above is confirmed. as long as BTC doesn't go bearish then there is no reason SUI wont continue this climb. Definitely a great opportunity on a solid project. -This is not financial advice...
COINBASE:SUIUSDLong
by BryanNola504
SUI Intermediate Short TradeHowdy everyone! SUI has been on a tear! Well, I think that BTC is showing a nice sized reversal before the final parabolic phase of this bull market. I also think that SUI has hit an area of interest, and it is way overbought. I think that shorting as close to the current 4.236 of this fib sequence at $5.26 is ideal. Entry - As close to $5.26 as possible. Once we get further confirmations, there will be multiple areas that you can enter a short. I am attempting to catch the reversal here. My take profits are based on catching the reversal. Take Profit = TP TP 1: 3.26-3.72 TP 2: 2.85-3.02 TP 3: 1.98-2.50 TP 4: 1.24-1.65 Stop Loss: Above current ATH of $5.36 This depends on how big of a correction that BTC gets. We have a monthly shooting star on BTC, and BTC is showing head and shoulders on multiple timeframes (1D, 2D, etc.) Thank you and please trade safely!
COINBASE:SUIUSDShort
by LoneWolf1425
SUI/USDT: Breaking Out Towards Higher HighsThe cryptocurrency SUI is building strong momentum, with its USDT pair (SUI/USDT) showcasing encouraging price action. Here’s a detailed look at the current technical outlook and potential scenarios: Price Action Highlights Ascending Channel: SUI/USDT is trading within a clearly defined ascending channel, maintaining respect for both upper resistance and lower support boundaries. This pattern highlights the prevailing strength of the uptrend. Breakout Confirmation: The pair recently broke out of a consolidation phase, specifically a triangle formation, signaling bullish continuation above the critical $5.00 level. Target Projection : Given the current trend, the next target lies just below the $10.00 level. The ascending channel and breakout momentum provide strong technical support for this bullish scenario. ⚠️ Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice. Conduct your own research and consult a professional before making any investment decisions.
CRYPTO:SUIUSDLong
by niveshIQ
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!
BINANCE:SUIUSDLong
by panjifh11
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). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SUIUSDLong
by InvestingScope
1
[SUI] with another (+45%) to (+85%)Sui looking great for continuation with strong momentum and moneyflow increasing, it broke the accumulation for almost one and a half years indicating a possible reach for higher prices. Despite some daily bearish divergences that could lead a drop to $4 again, in the next months it will possibly reach the target.The target is between 3.618 and 4.618 fibonacci extension levels and a measure move from the lows to the highs of the accumulation. TARGET: $7.0388 to $8.8564 up to (+85%)
CRYPTO:SUIUSDLong
by Miketubarao