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SUI / TetherUS

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SUIUSDT trade ideas

Suiusdt potential 5x incomingSUIUSDT is showing a potential cup and handle formation, indicating a bullish outlook. The cup phase has completed, and the handle is currently forming, expected to end around the accumulation zone. The target price, derived from the pattern, suggests significant upside potential upon a breakout. A crucial stop loss level is identified below the accumulation zone to manage risk; if the price drops below this, the pattern may fail. Key levels to watch are the support at the handle's lower boundary and resistance at the upper boundary.
Long
by weslad
6
SUI/USDT Analysis Heading Towards $2.10?Current Price: $0.859 🟢 Key Points: Fibonacci Retracement: SUI/USDT is currently trading within the "Golden Pocket" between the 0.618 and 0.65 Fibonacci retracement levels, a critical area often associated with strong buying interest. Price Target: The 2.618 Fibonacci extension suggests a potential target of $2.189, which aligns with recent technical developments. Latest News Impact: The SUI ecosystem is seeing significant activity, including potential bullish momentum driven by recent developments such as Grayscale's announcement of a new SUI trust fund and notable OTC bids from large investors. These factors have contributed to a positive market sentiment, with SUI potentially poised for a 40% rally in the near term​ (CoinGape)​ (TradingView). 🔄 Potential Scenario: After a strong recovery from recent lows, SUI might push towards the 1.618 Fibonacci extension ($1.527) and eventually the 2.618 extension ($2.189). The recent price action, bolstered by strategic network upgrades and increased institutional interest, supports this outlook. However, traders should be mindful of potential pullbacks, especially if SUI fails to hold its current support levels​ (CoinGape)​ (World Coin Index). 💡 Conclusion: With recent bullish developments, SUI/USDT shows promising signs of a rally towards $2.10, especially if key resistance levels are broken. Short-term dips could present buying opportunities in light of the ongoing positive market sentiment.
Long
by Loveiceroollss
1
SUI/USDT Analysis Heading Towards $2.10?Current Price: $0.859 🟢 Key Points: Fibonacci Retracement: SUI/USDT is currently trading within the "Golden Pocket" between the 0.618 and 0.65 Fibonacci retracement levels, a critical area often associated with strong buying interest. Price Target: The 2.618 Fibonacci extension suggests a potential target of $2.189, which aligns with recent technical developments. Latest News Impact: The SUI ecosystem is seeing significant activity, including potential bullish momentum driven by recent developments such as Grayscale's announcement of a new SUI trust fund and notable OTC bids from large investors. These factors have contributed to a positive market sentiment, with SUI potentially poised for a 40% rally in the near term​ (CoinGape)​ (TradingView). 🔄 Potential Scenario: After a strong recovery from recent lows, SUI might push towards the 1.618 Fibonacci extension ($1.527) and eventually the 2.618 extension ($2.189). The recent price action, bolstered by strategic network upgrades and increased institutional interest, supports this outlook. However, traders should be mindful of potential pullbacks, especially if SUI fails to hold its current support levels​ (CoinGape)​ (World Coin Index). 💡 Conclusion: With recent bullish developments, SUI/USDT shows promising signs of a rally towards $2.10, especially if key resistance levels are broken. Short-term dips could present buying opportunities in light of the ongoing positive market sentiment.
Long
by Loveiceroollss
SUI ANALYSISAfter a bearish trend with a strong move, a bullish iCH has formed on the chart. It is expected that after sweeping the high liquidity pool and hitting the Supply, it will return to the Demand side and then move to the specified tarps. Therefore, we are looking for sell/short positions in the Supply range and Buy/Long positions in the Demand range. Closing a daily candle above Supply or below Demand will violate our view on the SUI. Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
#5 alt coin to the bag is SUI, Sui looks like SOLANA in 2020SUI is a coin i started to look closer on after i saw sky high development on the project a couple of months a go on sentiment.io (showing the deveompent activity last 30 days) In other words, people are working on this projects! After looking into the chart i also immedietly saw simmilarities from the fall SOLANA had back in 2020 before going on a major RUN. I DONT SAY SUI IS GOING TO TO DO THE SAME, BUT IT LOOKS THE SAME. Lets keep an eye on Sui as we Progress from here. * TO ADD, Celestia also have the same pattern, both SUI and Celestia is added to the bag
Long
by sivertbb
Suinami to be fullfiledSui has shown some strength in last days, nothing unusual for the best blockchain ever made! Currently we have a pretty obvious trend change from bearish to bullish, sui is frontrunning other solid altcoins that will pump too. Also, we can see that right now it is retesting this pivot zone and volume is very low on this slow bleed, basically late longers are being wiped out before next leg. For a first take profit I would target the sweep on equal lows where most of liquidity sits...
Long
by fendiangel