SUIUST trade ideas
Is SUIUSDT on the Brink of a Major Breakout?Yello, Paradisers! #SUIUSDT has been showing remarkable strength, steadily climbing within an ascending channel and gaining momentum from its ascending support. Adding to the bullish narrative, the price is forming an inverse head-and-shoulders pattern—a powerful indicator suggesting the potential for a continuation to higher levels.
💎However, a significant challenge lies ahead. #SUI faces a major resistance zone between $4.80 and $5.00—a critical level that has repeatedly acted as a barrier, preventing the price from breaking higher. Notably, this range also aligns with the neckline of the pattern, making it a pivotal breakout area.
💎A successful breakout, accompanied by strong trading volume, could spark a bullish surge targeting the $5.45–$5.70 range, where the 1.618 Fibonacci extension resides. This area might prompt partial profit-taking as traders capitalize on the move. However, if momentum continues to remain strong, SUI could soar even higher, reaching the next significant resistance levels around $6.50–$6.80, fulfilling the pattern's target.
💎On the downside, SUI is well-supported. Initial support is seen at the $4.00–$3.90 zone, with additional strong support at the ascending trendline near $3.65—a level that has held firm for over 45 days, reinforcing its significance.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
Lingrid | SUIUSDT possible Sell-Off at the Dawn of 2025BINANCE:SUIUSDT is currently consolidating after reaching the psychological level at 5.00. It’s been moving back and forth, forming lower highs while bouncing off the trendline. The last two weeks of December and the first two weeks of January were characterized by sideways movement last year, and it appears we may be experiencing a similar situation now. It’s important to note that there was a strong bullish impulse leg before, but the price failed to continue moving higher, indicating a lack of bullish momentum to sustain that upward movement. This suggests that we might see some bearish action in the near term, potentially setting the stage for a stronger bullish move later on. I expect the market to retest at least channel border. My goal is support zone around 3.61
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SUI Is The Best Asset Of 2024, But It's Almost DoneHello, Skyrexians!
Recently we looked at the assets with the high potential, which are still in the accumulation phase. Today we will take a look at the coin BINANCE:SUIUSDT which has already brought a lot of profit to its holders. While other alts are scamming every day, this coins performs great and now we can see a lot of optimism around this crypto. Is it time to sell SUI or rally will continue and this coins is the next Ethereum?
Let's take a look at the weekly time frame. Elliott waves theory tells us that listing pump was just a wave 1. After that we have seen the consolidation in a wide range. Price was able to maintain at pretty high level and continue pumping. We can count this wave as a wave 2 in a shape of flat correction ABC. After that price started the impulsive wave 3. This wave has the maximum target at 2.61 Fibonacci extension at $6. Correction can start in any moment now, so this token is dangerous.
After corrective wave 4 which can reach approximately $3, we expect the final wave 5 which has the targets above $8. There we have to wait for the red dot on the Bullish/Bearish Reversal Bar Indicator , after that reversal is expected in the new bear market. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
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Top 3 high conviction altcoin SuiOver the years I have learned that crypto "fundamentals" dont matter. Category, and trending against BTC is all that matters if you want to make money. Do not get yourself sold by the story, look at the chart, this is internet money, not stocks. Sui I added back around the 2$ mark and I have been adding with size as I cut my slower movers (Near, AKT, INJ). Generally older tokens are not performing well in this market, its new tokens, and tokens that have trended for months up against BTC.
Sui has already dipped into the weekly demand zone. My target remains 6.35$. We note a cooling off BBWP that flashed red recently, and a resetting stochastic RSI, this cool off is needed.
SUI seems overheated, and a correction is just beginning.While this coin has the potential to surprise—thanks to strong backing from major VCs and quality market makers—it appears too overheated to sustain further growth without a correction.
In fact, the correction has already begun, as indicated by the **bearish MACD EMA crossover**.
- The **RSI also shows a significant bearish divergence**, reinforcing the likelihood of a pullback.
Adding to this, many investors were drawn in by SUI's massive pump but may now begin to lose confidence. If SUI dips below the key support level, we could see a cascade of selling pressure:
- Leverage positions liquidated.
- Stop-loss orders triggered.
Based on these signals, I anticipate a serious correction that could drive the price down to $2.
Key levels to watch:
- If CRYPTOCAP:SUI drops below $3.20, there’s little support until $2.35.
- Exercise caution and monitor these levels closely.
As always, **DYOR (Do Your Own Research).** 🚨
Sui chart, trend reversal is comingMerry christmas,
These days was bleeding the market, it seen like there will be a reversal.
Sui 1 hour has on the stoch een diversion, we are on the fib 0.786 if the don't brake, we market will go up again.
I have been useing easy algo indicators, this indicator works almost evertime
Bearish Div plus lots of unfilled orders Bearish Div, left over orders and liquidity, looks like it is more interest to go lower than higher now that's just my take from what i see. could be wrong.
wait for entry for a long at these levels 3.05 looks like the safest levels i have orders from 3.16 down to 2.95 as it moves so fast at the moment.
Transform Your Portfolio: SUI Ascent to $30SUI, a layer-1 blockchain designed for high throughput and low latency, has garnered significant attention in the crypto space. Its architecture leverages a unique approach to data storage and transaction execution, allowing it to process a high number of transactions per second. This efficiency is vital as DeFi and Web3 applications continue to grow, requiring scalable solutions to handle the increasing demand. As more developers build on the SUI blockchain, its utility and adoption are likely to rise, potentially driving its value upward.
Market sentiment and macroeconomic factors also play a crucial role in SUI's price trajectory. If the broader cryptocurrency market experiences a bullish trend, SUI could benefit from the increased investment flow into digital assets. Additionally, strategic partnerships, integration with other platforms, and community engagement could further enhance SUI's visibility and adoption. If the momentum continues, reaching a price point of at least $30 during this market cycle could become a realistic expectation for investors and enthusiasts.
SUIUSDT - SHORTS and LONGS!SUI USDT is ideally at such a great position one can imagine to trade this coin as per the doodles drawn. 4.1234 ideal buys for buyers and shorters targets till there, i would inititate buys only when it reaches the point marked in green box, and anywhere if the purple doodle happens, would short from there if it happens, thats a more evident thing to happen!
TradeCityPro | SUIUSDT The Best Coin of the Week?👋 Welcome to TradeCityPro Channel!
Let’s dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market.
🌐 Overview Bitcoin
As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400.
However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advised—secure profits quickly and avoid greed.
Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highs—a shift that may be underway.
🕵️♂️ Previous Analysis
we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance.
📊 Weekly Timeframe
On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468.
The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries.
If this week’s candle closes green, it will highlight strong buyer activity, reinforcing SUI’s exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUI’s growth.
Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements.
📈 Daily Timeframe
On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterday’s daily candle confirmed strong buying interest, showcasing the coin’s superior recovery compared to others in the market.
Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows.
Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial level—serving as both a 0.382 Fibonacci level and a previously broken resistance turned support.
⏱ 4-Hour Timeframe
On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs.
📈 Long Position Trigger:
breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility.
📉 Short Position Trigger:
while I wouldn’t short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals.
🔗 Chart: 4H SUI Chart
💡 BTC Pair Insight
Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs.
🌞 Conclusion
SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
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