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SUI / TetherUS

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SUIUSDT trade ideas

SUI, the poseidon of the seas SUI, SUI, it falls like a water-fall and trend up like a tsunami. Breakout successful of the recent downtrend from $2 Aggressive recovery after an 80% drop If we break $1.17 we should be looking north of $2.5 somewhere close to or $3 Will the earthquake break $1.17 and a tsunami induces taking us to $3 ? let's see ! Team behind = Ex meta engineers Tokenomics are not the best but we can live with that 22 million holder ! Solid project with potential See you up there, somewhere ! "That's it, that's the idea" - Good night !
Long
by hhMaxima38
SUI/USDT 1D SUI has been one of the better performing L1's and altcoins in general in the last 6 months that BTC has been chopping/ranging. There are a few key points on the SUI chart that catch my eye: - 1D 200EMA is now flipped bullish with a strong reaction after flipping the level, this shows buyers are confident in the project and happier to buy at higher levels, instead of waiting for a pullback for example. - Clear Higher high and higher low structure indicating a bullish trend on the daily. Invalidations are more obvious when a structure like this is broken. - Plenty of room to grow going into Q4, the range is clearly mapped out with key Orderblock levels that will more than likely be resistance levels and so they are the targets to take profits, hedge or de-risk while assessing where SUI will go. With this being SUI's first Bullrun history shows the newer projects do better off in terms of ROI that's if they survive, from what we have seen so far this cycle I believe SUI will be a strong project going forward.
by ProR35
Sui (SUI) may be poised for long-term gainsIn a recent update, the Circle is announcing native USDC on SUI, which has kept up the bullish momentum. Moreover, yet another big announcement is expected to happen shortly, which may bring a huge retail brand onto the platform. The SUI price has risen back into a technical HTF uptrend again, forming consecutive higher highs and lows while the key level has been taken out already. Hence, the price is expected to surprise many in the next few weeks or months. The latest upswing has triggered a breakout from the descending parallel channel and the bulls are successfully holding the rally above the gains. The price has failed to break the crucial resistance at the 200-day MA at $1.099 over the past couple of days. However, after testing multiple times, the resistance could have become slightly brittle. As the volume has gained some momentum, the bullish continuation appears to be imminent. Moreover, the DMI is approaching a bullish crossover as the ADX initiates a bullish rebound. Therefore, the price remains consolidated for a while, which may bring the +Di & -Di closer to each other for a bullish crossover. Once this move materializes, the SUI price rally may gear up and secure a rise above $1.5, confirming a rise in bullish dominance. The current trade setup does not show a bearish possibility and if it occurs, the resistance of the channel may offer strong support & push prices towards $2.
Long
by paul_endeo
SUI price gains 139% in 42 Days: can it reach $2.07? Becoming one of the top-performing cryptos last week, the SUI price continued a bullish trend for two weeks. As the demand for altcoins grows and the broader market recovery chances improve with the rate cut possibilities, buyers are lining up for SUI. Will a new breakout run and the price jump of 50% Fibonacci level result in a new all-time high for SUI this year? Let’s find out. With a falling channel pattern in the daily chart, the SUI price is on a bullish recovery rally. Following the channel breakout, the SUI consolidated between the 23.60% and 50% Fibonacci level, ranging from $0.73 to $1.05. With broader market crypto recovery last week, the SUI price reclaims the $1.00 psychological mark and surpasses the 50% Fibonacci level. Further, the SUI recovery creates a rounding bottom in the daily chart with a neckline at the 50% Fibonacci level. Currently, the SUI price is trading at $1.1079 with an intraday gain of 2.73%. From its recent bottom at $0.46 on 5th August, the SUI price is up by 139% in just 42 days. As the recovery rally gains momentum with the recent rounding bottom reversal, the channel breakout rally is likely to exceed the 61.80% Fibonacci level at $1.2371. With three consecutive bullish candles and the breakout rally gaining momentum, the SUI price is just 49.20% away from its previous swing high at $2.1816. Based on the Fibonacci levels, the upcoming target levels for the SUI token are $1.55 and $2.07. Optimistically, the logarithmic price chart and the Fibonacci levels present $4.8051 as an ideal year-end target. Hence, with a massive upside potential of more than 300% and an ongoing recovery crossing $1, the SUI token is one of the fastest altcoins to watch in the crypto market.
Long
by paul_endeo
$SUI (#SuiNetwork)🔻 Current Situation: expect a breakout in either direction. 🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level. 🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward. 🔻 Support Levels: In case of a downside breakout, the nearest support is $0.5 - $0.56. 🔻 Fundamentals: Strong downward pressure due to token unlocks. Large FDV market cap, weak ecosystem. However, there’s positive news emerging around #Grayscale, #SuiPlay0x1, offline transactions, etc. 🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
by Goldfinch_song
$SUI is getting closer to a massive breakoutGrayscale officially launches SUI Trust for accredited investors seeking exposure to SUI. After the news, SUI beats the market with a nearly 20% jump. Since Raoul Pal mentioned SUI a month ago, the trend has shifted, with SUI now attracting more of the value, and the difference is now substantially in its favor. SUI just had $83 million worth of token unlocks. Technical Outlook: SUI is getting closer to a massive breakout On the 4-hour timeframe, it's starting to look very interesting as it's trading above 4hema200 and it's now challenging a psychological resistance $1 for the third time. If it manages to close above $1, SUI could pump to $1.70 to $2 in the coming days.
by Tealstreet
SUIIIIIIIIIIII see a lot of opportunity with this cryptocurrency right now. BINANCE:SUIUSDT is #2 in the top gainers rankings on CoinMarketCap. The cryptocurrency is up 17.79% in the last 24 hours. The 24 hour volume is at $561,339,413 up 115.99% from the day before. Their total market cap is at $2,760,588,561 with a total circulating supply of 2,679,963,750 SUI(26.80% of the maximum supply). As you can see, SUI broke the upper trendline which gives us a lot of bullishness. It also bounced the support level(0.8821$). My target is at 2.13$ and my stoploss is at 0.8821$. Good Luck!
Long
by GoBuyCrypto
$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
Long
by CRYPTOMOJO_TA
SUI price smashes through $1 with 18% daily growthOver the last week, despite the increased volatility in Bitcoin and Ethereum before the CPI data release, SUI maintained a bullish trend. SUI price upheld a 15% rise then to rank among the top weekly performers. Will the new recovery run and the price jump above $1 result in a new 52-week high for SUI this season? Let’s find out. As the broader market sentiments are improving, the bull run in the SUI token price is expected to gain momentum. With the bullish narrative of SUI, the crypto analyst BMOON tweets about the upcoming rally with a potential target of $3.6. Reflecting a positive channel in a weekly time frame, BMOON expects the bull cycle in SUI price within the channel to hit $3.6552. Adding credibility to the project, Grayscale’s new Trust adds credibility to SUI, reinforcing positive market sentiment. Currently, it has reclaimed the psychological mark of $1 and is trading with a 14.48% jump in the past 24 hours. With the recovery rally in motion, the past seven days for SUI price have been profitable, with a surge of 26.17%. As per our technical analysis, the Logarithmic daily chart reveals a bullish cycle from the 23.60% Fibonacci level. The recovery run gains momentum as the retest of the falling channel breakout reveals massive demand at lower levels. The bull cycle is now accounting for a price jump of 36.25% in the last ten days. With this, the SUI price is now challenging the crucial resistance of 50% Fibonacci level at $1.0541. With a bullish engulfing candle of 11.4% intraday jump completing a morning star pattern, the sentiments are improving. Hence, the chances of a bullish breakout rally in SUI prices are significantly increasing. In the near term, before SUI reaches BMOON’s expected $3.65 target, the near-term resistances are at 61.80% and 78.60% levels at $1.23 and $1.55, respectively.
Long
by paul_endeo
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