Top Gainers Today : SUIMarket is Down, but SUI/USDT is pushing higher.
What Is Sui (SUI)?
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.
Who Are the Founders of Sui?
Mysten Labs, the original contributor to Sui, was founded by by former executives/lead architects of Meta’s Novi Research (the team responsible for Diem blockchain and Move programming language): Evan Cheng; Adeniyi Abiodun; Sam Blackshear; George Danezis; Kostas Chalkias.
What Makes Sui Unique?
Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.
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SUI
SUI-USDT VOLUME BREAK up $2Thank you for reading this update.
Depending on our study we see that SUI has a good chance of volume break.
This updates depending on day trade, And the market should confirm with time the right market way.
If SUI gets the confirmation in the coming time as the trend shows, we could see a price action up $2
This trend can take some time for confirmation.
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SUIUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: SUIUSDT
📊 Trade Details:
Entry Point: Current market level "≈0.90"
Target 1: 1.24
Target 2: 1.40
💡 Risk Management:
- Only use 5% of your capital for this trade to mitigate risks.
- Avoid going ALL IN on trades, even if you're confident they will succeed.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment by regularly monitoring and adjusting levels as needed.
- Successful trading requires patience. Allow the trade to develop and avoid impulsive decisions.
🔄 Additional Buy Zone:
- Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends.
⚠️ Spot Trading vs. Futures:
- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.
🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
#SUI/USDT LONG#SUI
The price has moved in a descending channel since last June.
And that channel was broken, and the direction changed.
Now expect a decline to retest the new support area at 0.5000.
Current Price0.6916
Target 0.5000
Before completing the ascent again
Target 0.8777
Please take advantage of support and resistance points
SUIUSDTBINANCE:SUIUSDT is the only one that has not performed well compared to the others. In my opinion, with the rank of #76, we should expect a sharp pump from it. We may have missed the entry point, but if I want to enter this trade, I would like to enter the trade at price 0.53- 0.50
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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🚨 Availability of limit sellers SHORT #SUIUSDTSHORT #SUIUSDT from $0.6031
30m TF. The instrument is moving in a locally downtrend with a decrease in price maxima along the slope, which confirms the presence of limit sellers. The price is being squeezed towards the accumulation of support levels, beyond which liquidity has accumulated with multiple approaches.
The signal to enter the deal will be a trade near the levels and the appearance of active sales in the glass before the breakdown.
SUI - new Solana ?Now on SUI/BTC I can see accumulation phase , if you chack SUI/USDT , you can see coin already started move upside . There are 600+ million dollar investments from huge capitals such as a16z, Coinbase Ventures, Binance Labs etc. You can check project's TVL - it is rising every day , MC is growing but we can price is accumulation so my prediction - when altseason comes, we will see great upside movement
Sui Joins DeFi Leaders, Topping $100M in Bridged USDCOnly 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains
Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC.
This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175 million in Total Value Locked (TVL). The Sui Network now consistently ranks within the top 25 blockchains for daily transaction volume and within the top 15 blockchains by weekly volume.
“Surpassing $100 million in bridged stablecoins represents yet another significant moment for Sui in DeFi, and is a clear illustration of the remarkable success of the Sui community’s efforts to build a versatile and accessible ecosystem,” said Greg Siourounis, Managing Director of the Sui Foundation. “Coupled with the Network’s recent surge in TVL, as well as performance measurements that show Sui operating at the forefront of Web3 technology, this milestone positions Sui as a force driving the next generation of DeFi.”
The network’s decentralized ecosystem and independent builders are fueling that growth, with seven projects standing at over $10 million in TVL and 11 projects exceeding the $2 million mark.
In another strategic move to fortify the security and reliability of its ecosystem, Sui last week announced an ecosystem investment with leading Web3 security firms OtterSec and Zellic — providing essential access for independent ecosystem projects to high-end auditing services and setting builders on Sui on a path to success.
Likewise, November alone saw $500,000 in a fresh round of Sui Grants issued to projects building on the Network. These grants are dedicated to project teams poised to advance the adoption of Sui and its growing DeFi ecosystem.
SUI / USDT 4h Price AnalysisChecking out BINANCE:SUIUSDT , it seems like it's gearing up for a positive move. The triangle shape on the chart hints at a potential breakout. We're keeping an eye on it, especially if it clears the 0.69 resistance – that could signal a lift to around 0.84.
To play it safe, we've got a support range at 0.64-0.61 to catch any dips. And just in case things don't go our way, we've set a stop-loss at 0.57 to minimize potential losses.
So, in a nutshell, we're feeling good about the momentum, hoping for a breakout, but being cautious with our support and stop-loss levels.
Here's to a profitable move!
Sun International ready to fly to R47.31Similar to the previous analysis with City Lodge I just did, Hospitality, Hotels and entertainment sectors are showing strong upside to come.
Whether it's because of the strong earnings, pause of interest rates, more foreign investments with the weakening dollar - Who knows.
But the charts, are showing upside to come.
We have the Cup and Handle formation, a small one, but solid nevertherless.
The price has broken above the brim level, but it's not convincing enough yet. We need one more stronger push to really get this going.
Other upside indicators show .
7>21>200
RSI>50
My first target will be at R47.31
SUI Surpasses APT in Trading Volume, Gearing Up to Retest $1The two newcomer Layer-1 blockchain networks Sui (SUI) and Aptos (APT) have both embarked on a double-digit bull run this November. The exponential growth of Sui Foundation’s native NYSE:SUI is ignited by the emergence of new decentralized applications on the network.
To illustrate the rapid growth of SUI’s DeFi ventures, Bluefin released a decentralized exchange (DEX) on the SUI blockchain last week. Bluefin DEX has introduced several fresh features for crypto traders, including sub-second trades and wallet-less cryptocurrency trading, making DEX trading accessible to a broader audience.
Moreover, SUI Layer-1 blockchain technology is now also home to Ribbon Finance’s Aevo decentralized exchange, which offers a wide range of futures trading. Driving demand from long-term investors, SUI’s blockchain topped rival Aptos in trading volume.
SUI/USDT Continue Upward Momentum ?? SUI Analysis Today💎 SUI has unmistakably captured our attention with its impressive rally and successful breakout from the descending channel pattern. Currently, SUI has validated its retest on the trendline of the pattern and notably reclaimed the pivotal support level at $0.419. This particular support zone is a critical juncture for SUI's trajectory.
💎 Maintaining a position above this level could pave the way for continued bullish momentum. The immediate hurdle for SUI is the resistance zone, a barrier that needs to be overcome to sustain the bullish momentum and Probability smoothly transition to the target supply and bearish OB areas.
💎 However, should SUI struggle and fail to breach the resistance, it might retreat to the support zone to gather fresh momentum for another upward push.
💎 In a less favorable development, if SUI retraces to the support zone and cannot uphold its position, leading to a breakdown, a bearish shift could be on the horizon. Under these circumstances, SUI might target the lower demand zone. This area becomes crucial, as SUI would need a significant rebound to reclaim the support level or risk a further slide down to the key support zone, intensifying the bearish outlook.
SUIUSDT| A coin that is ready to explode into LONG!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The coin is locally in an upward trend, which, in my opinion, can be broken by a fake downward movement, the classic removal of stop loss, in practice this most often happens on altcoins.
Deal plan:
Entry - $0.4550
Stop - $0.4210
Take - $0.4760, move the stop to the used one and fix part of the profit!
Guys, be very careful, the coin may be too volatile at the moment, so be careful.
SUI/USDT Technical Analysis Chart Overview in Long TermSUI Chart Analysis Overview
Strong Returns from Lows
SUI currently trades around $0.46, after recently bottoming at $0.3620. This marks a 4.6x increase from its ICO price of $0.10.
The all-time high for SUI was $1.60, representing a 16x ROI from the ICO. This shows SUI's ability to post outsized returns during bullish momentum.
Attractive Entry Zone
Even after the 4x bounce from recent lows, SUI still sits 70% below its all-time high. This suggests the $0.45-$0.40 zone is an attractive area to start scaling into a position.
Initial upside targets based on technicals and prior resistance levels are $0.62, $0.97, and $1.42.
Preparing for the Next Bull Run
If SUI can repeat or exceed its performance from the previous bull market, a rally back to its ATH of $1.60 is reasonable.
I also see potential for SUI to reach the $5 level in the next sustained crypto bull run based on its upside history.
Managing Risk
While the opportunity in SUI appears promising, proper risk management is always essential. Never invest too heavily in one asset. Keep position sizing modest and diversify across a basket of opportunities.
Dollar-Shop altcoins 💵 MATIC, SUI, ARBHi Traders, Investors and Speculators of Charts📈📉
For now, this is the last video in the 3-part series of altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
SUI makes some great arguments in terms of fundamentals, including horizontal scalability and being able to directly pass an asset (such as an NFT), directly into a function argument; great for storage.
MATIC looking like it wants go head back to the 30's:
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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BINANCE:MATICUSDT COINBASE:MATICUSD BINANCE:ARBUSDT COINBASE:ARBUSD BINANCE:SUIUSDT BITSTAMP:SUIUSD
SUI: Igniting Optimism with Innovative Blockchain SolutionsSUI Coin: A Promising History and Bright Future.SUI Coin, while relatively new, has quickly gained attention in the cryptocurrency world due to its innovative blockchain solutions. Its history is marked by a commitment to scalability, security, and sustainability, making it a favored choice for investors. The coin's creators have consistently upgraded its technology, addressing initial challenges and enhancing its capabilities. As blockchain technology continues to evolve, SUI Coin's future prospects look promising. Its adaptability to various sectors, from finance to supply chain, positions it as a frontrunner in the race to shape the decentralized future, making it a coin worth watching closely.
SUI/USDT Break Falling Wedge pattern, Bullish Momentum ??? Yello Paradisers, It's time to dive into #SUI
💎 SUI has successfully broken out of the Falling Wedge pattern, validating the anticipated upward movement. Currently, SUI is undergoing a retesting phase, poised for continued upward trajectory, indicating a potential for significant upward movement.
💎 Prior to the breakout, SUI experienced a consolidation phase lasting around three weeks. This consolidation at the bottom is indicative of accumulation buying, a hypothesis that was confirmed with SUI’s successful breakout from the falling wedge pattern yesterday.
💎 The current market conditions suggest a promising upward movement for SUI, backed by its recent successful breakout and the preceding accumulation phase.
💎 However, this scenario would be invalidated if SUI were to close below the key support area on the daily timeframe.
🔥SUI VS APT: This Pattern Works On ALL Fresh🔋 AltcoinsSui Network is the new altcoin on Binance which has an unlimited potential.
Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level.
The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a bull market.
💥$300M cap can easily turn into $1B or eve more how it was with Aptos.
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