SUI
$SUI/USDT - Breakout June/July 24NYSE:SUI seems to be on the bull div on HTF, it is going to ping the 50day EMA soon and if it successfully breaks-out of that neckline it will go all the way. Keep a close eye on that .382 level this is the main resistance zone where it needs to push hard to make its way into the bull cycle!
Beware, use caution and make your entries on super low lev here until BTC has finally settled and bounced off of a strong support line which is in my hypothesis 62.5 - 59 anywhere between those lines. Can happen real soon.
July should give us good green market.
Green trading ya'll
#SUI/USDT#SUI
The price is moving within a 1-hour downtrend channel and is strongly committed to it.
We have a support area at 1.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 1.028
The first goal is 1.07
Second goal 1.12
Third goal 1.16
SUI Inverse head & ShouldersIf it can continue and break the neckline with strength.
I am looking at both targets to be hit convincingly.
Nice Pattern
looking for #ETH to start showing strength
Than more of these smart contract platforms can get running hard as well.
Don't in the Bull market Things get stupid
And prices go to levels that we may have. hard time imagining today.
Especially on tokens that haven't been exposed to a hype cycle before.
#CETUSUSDT #1D (ByBit) Descending wedge breakoutCetus Protocol regained 50MA support and looks good for bullish continuation, mid-term.
⚡️⚡️ #CETUS/USDT ⚡️⚡️
Exchanges: ByBit USDT, OKX Futures, KuCoin Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.7%
Current Price:
0.11343
Entry Zone:
0.11331 - 0.10729
Take-Profit Targets:
1) 0.13344
1) 0.15086
1) 0.16829
Stop Targets:
1) 0.09094
Published By: @Zblaba
$CETUS BYBIT:CETUSUSDT.P #CetusProtocol cetus.zone
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +42.0% | +73.5% | +105.1%
Possible Loss= -35.1%
Estimated Gaintime= 1-2 months
#SUI / USDT long trade setupNYSE:SUI was dumped by its VCs after a 20% token unlock on May 9th. This created prolonged selling pressure.
However, this project is a major new L1 blockchain, and this dump has actually created a good buying opportunity.
NYSE:SUI is poised to recover. There is still some selling pressure, as seen in the price action, so do not expect it to go to the moon like $PEPE. That is why I set my targets relatively low. I will update if the plan is successful.
My price target for the bull run for NYSE:SUI is between $8 and $10, so NYSE:SUI at $1.05 is really cheap in my opinion.
This is not financial advice. Do your own research (DYOR).
Long position on SUIUSDT 8H / Trading SetupBINANCE:SUIUSDT
COINBASE:SUIUSD
Hello dear traders.
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Long position on SUIUSDT 8H
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
1.135
1.165
1.20
1.27
1.32
1.356
1.425
➡️ SL:
1.028
The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
Alikze »» SUI | Wave 3 or short-term bullish C scenario🔍 Technical analysis: Wave 3 or short-term bullish C scenario
- It has a bullish guard in the 4H time frame.
- After an upswing to the 1.172 range, it has had a zigzag correction.
💎 Currently, according to the upward momentum, it can have a pullback to the broken structure (green box) to continue the upward trend.
- The 1.025 area can be used as a support to continue the path.
- This ascending wave can be in the form of ascending wave 3 or C in the short term. Therefore, 💎 the first target of that supply range is the 0.78 fibo range and after that the ceiling of the channel is the 1.29 range.
💎 If the upward trend continues, it can be considered as a support for the next supply area after the failure of the supply area.
💎 In addition, if the previous floor range is broken, it can invalidate the bullish scenario, in which case it should be updated.
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SUI price: Ready...steady...Go !)Six months have passed since the publication of the previous #SUIUSDT idea
During this time, the NYSE:SUI price has made a cool route:
$1,16 👉 $2,10 👉 $0,88
"modestly", but in principle, everything is as predicted)
Now, looking at the #SUIUSDT chart, we can say that $0.88 was the very bottom, twice confirmed. And there may be good growth ahead.
Do you believe in SUI? Do you hold SUI?
💰 Then the medium/long-term target of $3.50 for #SUI is just for you
$SUI / USDT reached the bottom, bounce back. x5-x10 potentialNYSE:SUI is indeed a very promising project, boasting strong technology, substantial VC support, and a significant Total Value Locked (TVL). However, its tokenomics entail massive inflation, which undermines its growth potential.
Nonetheless, it appears that whales have decided to defend the $1 area, resulting in a bounce back. Despite this, the recent 20% token unlock is likely to continue affecting the price, making it unlikely to pump back to its All-Time High (ATH) before VC token releases occur progressively on the way up.
I maintain a moderately bullish stance on $SUI. It represents a solid and relatively safe investment opportunity with the potential for x5-x10 gains during this bull run.
Please refer to the Fibonacci retracement TP outlined in the chart for further insights.
Remember, this is not financial advice; always Do Your Own Research (DYOR) before making investment decisions.
#SUI/USDT#SUI
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend that has been broken
Entry price is 0.9090
The first target is 0.9700
The second goal is 1.060
The third goal is 1.136
Sui Network (SUI) Jumps 26% On Mysticeti Upgrade LaunchedSui Network ( NYSE:SUI ) has experienced a 26% increase in price over the past week due to the launch of its Mysticeti upgrade on testnet. The upgrade has pushed Sui to the top among the fastest blockchains, with the consensus latency reduced to 390ms, an 80% reduction from Narwhal-Bullshark. Sui Network is known for its high-performing blockchain protocol and is now the fastest among all blockchains.
The Mysticeti upgrade addresses the trilemma of decentralization, transaction speed, and low cost, particularly in the Decentralized Finance (DeFi) hub, Ethereum. With the new Mysticeti upgrade, the average user can now transact with enhanced experiences across all apps, including lightning fast transactions across all apps. The gaming and DeFi ecosystem will benefit from increased throughput and low fees.
The development and launch of the Mysticeti upgrade took an academic approach, with research papers published to benefit both users and validators and developers. The Sui price is currently trading at $1.14, up by 1.43% in 24 hours, and the price for the past week has reached 26.69%. Sui has recently hit the 1 million daily active wallet milestone, and with the Mysticeti upgrade, it is expected to attract more users and lead to a positive long-term price increase.
📊 SUI Trade Analysis 📈Current Situation:
SUI has successfully flipped the previous resistance level into support, demonstrating strong bullish momentum and a healthy setup for a long position.
Trade Strategy:
Entry Point: Enter a long trade above $1.10.
Take Profit Targets: $1.30, $1.50, $1.70
Stop Loss: Set a stop loss just below $1.01 to manage risk effectively.
📊🔍 Monitor the price action closely and adjust the strategy as necessary to align with market conditions. #SUIAnalysis #CryptoTrading 🌐🔒
SUI buy SetupIt hit an important demand and then breakout from a trigger line.
If it returns to the green range, we can look for buy/long positions.
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
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SUI $1.70 Long Target - Longed @ $0.89In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal.
We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active.
Our Entry was $0.89, but Updating this now on the way to $1.70 long target
It is possible a dip can come if BTC dips, but if BTC is running to $72K+ this long target is sure to hit sooner than later for a nice 69%+ gain.
📉📈 SUI Trade Analysis 🔄💼Trade Overview:
SUI is currently priced at $1.0209 and has recently rebounded to a higher range of support, indicating potential bullish momentum.
Trade Technical Details:
Entry: Consider entering a trade between $0.90 - $1.10, leveraging the current support level and potential for further upward movement.
Take Profit: Set a take profit target at $1.40 to capture potential gains.
Stop-Loss: Place the stop-loss below $0.80 to manage risk and protect against adverse price movements.
📊🔍 Monitor SUI's price action closely for trade execution and adjustments! #SUITrading #CryptoAnalysis 🌐🔒
SUI Under 1$ is a gift
SUI is a relatively new Layer 1 blockchain, having been launched in September 2023.
Despite its newness, SUI has experienced impressive growth and reached an all-time high of $2.17 in March 2024.
SUI is currently available for staking on crypto exchanges like Binance, LBank, 4E, BYDFi, and OKX, allowing users to earn rewards for holding SUI.
The team behind SUI is Mysten Labs, a company founded by former Facebook and Diem engineers. Mysten Labs has extensive experience in blockchain development and is highly regarded in the industry.
SUI uses Move, a programming language designed to create secure and efficient decentralized applications (dApps).
SUI has the potential to become the platform for many dApps in the future, including blockchain games, decentralized exchanges (DEXs), and decentralized finance (DeFi) applications.
SUI's market capitalization is currently $2.3 billion, ranking 48th in overall market cap and 52nd in 24-hour trading volume. Mark believes SUI has the potential to reach a market cap of $30 billion.