SUI LONG OPPURTUNITY - SUI NETWORK BULLISH TREND ALERTSUI is one of the most popular altcoins in the crypto market right now. It has strong fundamentals, a solid team, and a growing community. I personally hold a spot position in this coin, and I expect to see SUI among the top 10 most valuable crypto assets soon.
Technical Analysis: SUI ran the daily swing liquidity and reached the daily demand zone responsible for the previous all-time highs. The price couldn't close below the daily swing and showed a strong rejection there.
After that, SUI broke the diagonal trendline that had maintained the lower time-frame bearish trend. The breakout was strong, with a close above, indicating to me that SUI has broken the bearish lower time-frame structure and is now targeting new highs.
I expect a small retracement to the green zone marked as the "4H Demand Zone," aligning with the Fibonacci equilibrium level. I’ll be looking to open a position there, aiming for new all-time highs.
Suinetwork
SUI - Possible Pullback to $1.20 to $1SUI Network skyrocketed and has recently been the most hyped coin.
In our last update, we anticipated a breakout when it was trading around $1
SUI has just undergone 83 million USD worth of token unlocks.
Technical Outlook:
With CRYPTOCAP:BTC dominance rising as Bitcoin corrects, we expect a broader pullback.
On the weekly timeframe, price has hit a significant resistance level.
4-hour timeframe: There was a strong rejection, and it is now trading around the daily Point of Control (dPOC). If it loses the monthly Point of Control (mPOC) at $1.70, there is a higher chance it will revisit the $1.20 to $1 (breakout area)
SUI Aims Higher!!Bullish move up from holding the VAL. A few demand zones shown below where a nice bounce can happen. The daily level above and golden pocket would be the target.
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SUI Looks strong but might pull backStrong move up after reclaiming the value area lows.
I would wait for the POC/Daily Level to be flipped into support or wait for a retest of the value area low (blue Line) for a long and target the weekly (Orange Line) above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
#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
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.
SUI Surges 11% Amidst Market Volatility The cryptocurrency NYSE:SUI has experienced a notable surge of 11% in value amidst a broader decline in the crypto market. The surge can be attributed to the recent partnership between BytePlus, a subsidiary of ByteDance, and NYSE:SUI for its Web3 debut.
BytePlus plans to bring its expertise in gaming and social apps to the NYSE:SUI blockchain. This collaboration allows NYSE:SUI developers to leverage BytePlus services, which will enhance content distribution, personalization, and user engagement. This partnership marks a significant entry of a tech giant into the crypto world via SUI, potentially paving the way for further adoption and development on the platform.
Historical data indicates that NYSE:SUI positively responds to significant network announcements. Thus, the partnership news has spurred bullish momentum in SUI's value, and it could soon test resistance levels of around $1.50. If the bullish trend continues, NYSE:SUI 's value could reach its all-time peak of over $2.17 on March 27. However, if a pullback occurs, the support level may hold around $1.00 or even $0.79.
Teaming up with a tech giant like BytePlus could be a game-changer for NYSE:SUI , ushering in new applications and broader adoption.
SUI SUPPORT BROKEN BEARISH BEARISH BEARISH !?!Rising wedge has failed it's support.
Correction to the downside seems like the most probably outcome.
I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.