SUI PriceSui (SUI) price has registered a double-digit rally over the past week, reaching the critical resistance barrier of $1.80.
SUIUSDT trade ideas
Sui to shortSui is trading in a downward channel, one can open a short.
Entry: 1.6555
Tp 1 : 1.5950
Tp 2 : 1.5050
SL : 1.6880
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SUI update The price must pass $2.2 to continue the bullish trend and cancel the blue idea.
Not being able to pass $2.2 is very bearish. Breaking $1 confirms the blue idea and cancels the white idea.
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 is at resistance $1.75 and rejected on daily (so far).NYSE:SUI #SUI #SUIUSDT #SUIUSD
SUI is at resistance $1.75 and rejected on daily (so far).
I am opening a short:
Stop is confirmation above $2.05 on daily.
Target is ~1.00
SUI pullback xac dinh xhpullback xac dinh xh
Structure Mapping
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences
2:1 RR 15% tradeThis trade is not fully developed, may not fill, requires a pullback from here, if it does though should be nice. There are some OK ranges and an established Trend. Although major target is hit, it is monthly and SUI can go higher.
SUI BULLISH SCENARIOThere are 2 posibilities, first of all SUI created a wyckoff acumulation on HTF and reacted from a weekly demand zone. I expect to reach 1.5 USDT.
SUIUSDT.PSUIUSDT.P is in reversal mode.
Bearish divergence also shown in RSI.
we wait for the further confirmation.
If price will break the last HL .
Then we will execute trade.
Sui (SUI): are we seeing 5$ growth?As the bull run in the crypto market gains momentum, the SUI price skyrockets at a breakneck speed. With a streak of bullish candles, the uptrend in SUI is challenging a resistance trendline near the initial price of $1.6785.
Will a new breakout run surpass the 78.60% Fibonacci level to hit the $5 psychological mark in October?
With a rounding bottom reversal in the weekly chart, the SUI price reveals a trend reversal rally. As the altcoin exceeds more than 100% returns in the last three weeks, the uptrend in SUI surpasses the $1.50 psychological mark.
The rounding bottom reversal teases a double bottom pattern with a neckline near $1.67. Further, the all-time high of $2.18 remains a high supply zone, and a breakout above this will boost the bull run.
Currently, the SUI price is trading at $1.55 with an intraday drop of 2.04%, concluding the bullish streak. Trading at just a 30% discount from its all-time high, the bull run shows potential for a new all-time high.
With the bullish trend reversal rally gaining momentum, the SUI price is likely to complete a double-bottom reversal beyond the 78.60% Fibonacci level at $1.7712.
Based on the Fibonacci levels, the uptrend in the SUI price is likely to target the $3 and $5 psychological mark. Further, the bull run history of the crypto market in October bolsters the chances of hitting the target.
On the flip side, the support levels for SUI are present at $1.50 and $1.33.
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: Gearing up for 150% Gain!#SUI has broken above the yellow dotted resistance trendline and is likely to continue its bullish rally. The price has shown a decent rebound, forming a support trendline, and is aiming to reach the upper resistance trendline.
Trade setup:
Entry 1: CMP
Entry 2: $0.54-$0.62
Targets: T1 $1.34, T2 $1.85, T3 $2.57
Trade type: Spot
Note: Accumulate on dips and always invest wisely. Do your own research and analysis before investing your hard-earned money.
Regards,
Team Dexter
#SUI #Crypto
SUI is in bearish after 1.45There is the bearish for SUI after 1.45, it would continue to go down till 0.99 as supporting.
SUI-eat impulse!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Testing a larger flipped level here so holding above this level (1.45) would be ideal. For the Elliott wave, it has not yet reached a most likely target for a wave 3, so it is still in ZigZag territory. A push up to that level and I would look back to (1.45) to plays as support for the wave 4.
Trade Safe,
Trade Clarity.
SUI may see a new ATH in the nearest future: analysisIn the last 24 hours, Sui (SUI) has demonstrated a strong upward movement, catching the attention of analysts and traders alike.
Meanwhile, market analysts are increasingly optimistic about SUI’s price movement, with predictions of a new all-time high in sight. One prominent voice, Bluntz Capital, projects that the token could reach a price of $2.60 shortly. According to his analysis, the altcoin recently broke out of a significant 105-day downtrend, experiencing a 237.5% increase in value from $0.40 to $1.35.
Bluntz highlighted that the token’s breakout has been accompanied by rising trading volume, signaling strong market interest and investor confidence. Furthermore, the token has surpassed key resistance levels without significant retracements, reinforcing the view that it could continue its upward trend.
While the bullish sentiment around the token is clear, the token must break through key resistance levels to maintain its upward trajectory. Namely, one of them – $1.44 – has been overcome, meaning that the $2.18 can be the next point for SUI if the momentum is kept.
By contrast, it could face a short-term pullback to the $1.20 level. If the downward pressure continues, the token could revisit the $1.00 mark, a key support area around the 50% Fibonacci retracement level.
Sui's correction completed & breakout from a reverse H&S SUI’s been on quite the ride, and right now, it’s looking like we might be wrapping up this ABC correction. Here’s what I’m seeing:
5-Wave Downer (1-5): The market took a hit – we all saw it coming. Classic 5-wave impulse down. And now? We’re watching the recovery take shape in this ABC correction:
(A): The first bounce after hitting rock bottom. You knew that was coming.
(B): A bit of a fake-out, price dips again just to keep us on our toes.
(C): And now we’re pushing up toward the $1.65-$1.70 zone – the magic number that everyone’s watching.
Resistance Area: This $1.65-$1.70 level is like a wall. It’s been there before and could be again, so pay attention. If we smash through, we might be talking a move toward $2.00.
Upward Channel: Look at that beautiful rising channel we’re in. Price is climbing, but it’s at the top now. This is the part where things get interesting.
What Could Happen Next:
1. Breakout City: If SUI powers through $1.70, this thing’s got some legs. $2.00 and beyond is totally on the table.
2. Hard Pass: But if it gets rejected, brace yourself – we could see a dip back down to $1.20, testing that channel’s lower edge.
In a nutshell: SUI’s about to make a move. Keep your eyes peeled on the resistance zone. If it goes through, we’re in for a ride. If not, it’s time to buckle up for another drop.
Sui's fundamental growth is seeing price surgeThe Sui chain is trying to enter BIG4 category
Since October last year its been clear that the BIG3 are Eth, Sol and BSC. BSC has been losing market share since 2021 but is still dominant to second tier chains.
Out of the second tier chains Sui has been growing. Now competitive with only Avax.. Sui is trying to make its way into becoming apart of the BIG4 if not replace BSC in the BIG3.
Sui has seen a price surge off the back of this
As Sui grows and expands into things like USDC integration.. the price will likely align. We are enter a stage of value investing within crypto which shows the development within the space. Sui is proving itself as one to keep an eye on in that regard.
Long SUI/USDT D1 (x3-x5 potential)Long SUI/USDT. TF D1. Right ticker + right timing.
x3-x5 probably.
Entry - current price level
Target - $2 (x4)
Stop - below PoC level (0.43) with confirmation on D1.
Will start with FA and benchmark analysis of other L1-project (Aptos) which is quite similar:
1/ Decent L1-project with strong backing and recently listed on top-tier CEXs. So, not a lot of locked-in traders/hodlers.
2/ Around 250ml of investments from top-tier VCs (both SUI and APTOS).
3/ APT/USDT made around x5 in January, 2023 right after 4-month post-ICO bleeding period. (According to PA, it was rather possible to take x4 on APT/USDT within 1 month):
4/ SUI is currently at the end of this bleeding.
TA:
1/ Buying volume appeared (green encircled zone) + rising PA.
2/ MA squeeze (EMA 21 and EMA 55)
3/ trending RSI
4/ Price is consolidating above PoC and EMA21 and preparing to make a strong move upwards.
Don't pay attention to the short trade signals in the short termFor this transaction, because I entered with low leverage and managed volume, I did not place an automatic limit. There is a static level in the lower time frames, which has a high probability of breaking it. Therefore, after seeing the necessary confirmations, I enter the short transaction and profit limits. I think that is the green line
Is the upward trend of SUI continuing?As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95.
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:
First Support $0.7777
Second Support $0.4747 - $0.54
Resistance area at $1.21 (price is now involved)
Target and resistance range located at $1.95
Do you think this upward trend continues?
SUI NEW UPDATE (4H)This analysis is an update of the analysis that you see at the bottom, in the "Related Ideas" section.
The momentum of the fall has decreased and we have signs that the SW has formed. Therefore, we will look for buy/long positions above SW L.
The purpose of this correction was time, not price.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
