SUI's Impressive Performance
SUI started its upward trend when it broke through a 5.5-month downtrend shortly after its first listing times.
Now, by breaking through another 5-month downtrend between April and August, it has initiated a new uptrend. In just 2 months, it has quadrupled in price, capturing the market's attention.
After breaking the resistance of the blue downtrend, the price retested this level for two weeks and then continued upward. This indicates a healthy price movement.
The next significant resistance level seems to be around $1.86 - $1.95. If SUI can successfully maintain its price above this level, we can expect a positive short-term view.
In case of a potential pullback, we can use the orange uptrend channel as a reference. This is a healthy structure that has been in place since SUI's bottom. I believe it will provide good support during any retracements. It's upper line shows anout $1.4 nowadays.
SUIUSD
SUI - Breakout imminent or back to support?Let's talk about SUI; at this moment, it could be the new narrative of smart contracts. It has all the cards on the table to steal the throne from Solana as the new project of the moment. All the factors are in place for this to happen: extremely fast transactions, high trading volume, excellent on-chain volumes, and a constantly growing ecosystem. Aside from fundamental analysis, it has proven to be stronger than its other rivals recently, and the resistance and support levels are very clear. Personally, I would like to buy around $0.4, but if I don't have the opportunity, I will wait for the breakout/retest. In my opinion, it is not the right time to open positions; I am observing for now.
DO NOT MISS SUI RUN NYSE:SUI has finally woke up, for those who missed the breakout, you can hopefully get a pullback in this area to ride the trend towards 2.15 this trade opportunity is a -40% risk for a potential +90%
If you are not comfortable to swing-trade this is not for you, just take go scalp instead of locking money in this trade which may take several weeks. Follow me for more updates!
SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains.
Current Price: Around $1.02
Optimal Entry Zone: $0.75 to $1.00
Target: $2.58 (154% potential gain)
Resistance: A breakout above this level could unlock major upside potential
Lower Support: Strong support around $0.50
Two Potential Scenarios:
Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal.
Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate.
Strategy:
To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction.
A breakout above this key resistance could see SUI reaching new highs.
This is a setup worth watching, especially for those looking to accumulate on retests.
Please keep it on your radar!
Not financial advice. DYOR!
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SUI-eat impulse!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Testing a larger flipped level here so holding above this level (1.45) would be ideal. For the Elliott wave, it has not yet reached a most likely target for a wave 3, so it is still in ZigZag territory. A push up to that level and I would look back to (1.45) to plays as support for the wave 4.
Trade Safe,
Trade Clarity.
SUIUSD gave the final bullish break-out signal to $2.700A month ago (August 13, see chart below) we gave the first bullish break-out signal on Sui (SUIUSD), as the price broke above its Lower Highs trend-line:
As you can see, it re-tested the trend-line to confirm it as a Support and, as expected, it held giving way to a break above the 1D MA200 (orange trend-line) on Sunday. That is the second and final bullish break-out signal.
As per our original analysis, our Target remains $2.700, marginally below the 1.236 Fibonacci extension, as it happened with the March 27 2024 High. A Channel Up to guide the price there is the most likely pattern to emerge. Watch also for a potential 1D Golden Cross by the first week of October.
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SUI NEW UPDATE (4H)This analysis is an update of the analysis that you see at the bottom, in the "Related Ideas" section.
The momentum of the fall has decreased and we have signs that the SW has formed. Therefore, we will look for buy/long positions above SW L.
The purpose of this correction was time, not price.
We are looking for buy/long positions in the green range.
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
Comment if you have any questions
Thank You
SUI, the poseidon of the seas SUI, SUI, it falls like a water-fall and trend up like a tsunami.
Breakout successful of the recent downtrend from $2
Aggressive recovery after an 80% drop
If we break $1.17 we should be looking north of $2.5 somewhere close to or $3
Will the earthquake break $1.17 and a tsunami induces taking us to $3 ? let's see !
Team behind = Ex meta engineers
Tokenomics are not the best but we can live with that
22 million holder !
Solid project with potential
See you up there, somewhere !
"That's it, that's the idea" - Good night !
#SUI/USDT#SUI
We have an uptrend pattern on the 4-hour frame, the price is moving within it and adhering to its limits well and heading to touch you again
We have a resistance area in green at a price of 1.12 if the price touches it and rebounds from it
We have a trend to touch the moving average 100
We have an uptrend on the RSI indicator that supports further decline
Entry price 1.09
First target 1.062
Second target 0.9757
SUI Resistance and ascending wedgeAscending Wedge: It's bearish formation and there is ascending wedge in price for the last 3 months.
Also $1.14 - $1.23 range working well as a resistance since May 2024. The price just touched there yesterday and getting rejection normally.
Personally targetting $0.57 - $0.6 range for good support area because of these reasons for now.
SUI: Weak MomentumSUI is trading near $0.9138, after a pullback from a high of $0.9865. The price is testing support near the lower Bollinger Band ($0.9023), following a cooldown after the recent spike in activity. Sui recorded 41 million transactions in 24 hours, surpassing Solana, showcasing growing interest and network utility.
Bollinger Bands and Price Compression
The Bollinger Bands are tightening, with the basis at $0.9339 and the upper band at $0.9655, signaling reduced volatility. A break below the lower band ($0.9022) could trigger further declines, while a reclaim of $0.9339 might lead to a recovery.
RSI and Stochastic: Oversold Conditions
The RSI is at 41.69, showing weak momentum, but the Stochastic Oscillator is deep in oversold territory, suggesting a potential short-term bounce if buyers return.
MACD Bearish, But Flattening
The MACD histogram (-0.0029) remains negative, but the lines are converging, indicating that bearish momentum might be weakening. A bullish crossover could signal a reversal, especially with ongoing positive developments, including recent institutional inflows and network upgrades.
On-Balance Volume (OBV) Decline
The OBV has dropped by -97.42M, indicating sustained selling pressure. However, the Sui blockchain has seen $310 million in inflows recently, suggesting a longer-term bullish outlook.
Support and Resistance Levels
Support: $0.9023 (Lower BB), $0.8800 (psychological level)
Resistance: $0.9339 (BB Basis), $0.9655 (Upper BB)
Short-Term Outlook
SUI is at a critical point near support. If $0.9022 breaks, further downside toward $0.8800 could unfold. However, with oversold conditions, a short-term bounce is possible, especially with Sui’s role as the official partner of Korea Blockchain Week, boosting its visibility and adoption. Watch for a move above $0.9339 as a sign of recovery.
SUI buy/long setupThe structure of SUI has changed to bullish with recent pump and CH.
We are looking for discount ranges for buy/long positions.
The green range is a valuable discount range.
We are looking for buy/long positions in the Demand range.
Closing a daily candle below the invlidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#SUI/USDT#SUI
We have a downtrend pattern on the 12-hour frame, the price is moving within it and adhering to its boundaries well
We have a support area in green at 0.800 after the price touched it and bounced from it
We have a trend to stabilize above the 100 moving average
We have an uptrend on the RSI indicator that supports the price upwards and is expected to break it
Entry price 0.9080
First target 1.066
Second target 1.22
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.7900 from which the price rebounded
Entry price 0.8200
First target 0.8810
Second target 0.9330
Third target 0.9995
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
SUI - Strong upward momentum +300% Profit Target#SUI/USDT #Analysis
Description
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+ SUI had a strong reversal after hitting the trendline support, This strong reversal is showing overall healthy recovery for the SUI price.
+ i'm expecting this momentum to continue and hit the resistance trend line with the price target of $4
+ This is a weekly chart analysis, it will take few months to reach our target.
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VectorAlgo Trade Details
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Entry Price: 0.95
Stop Loss: 0.44
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Target 1: 1.2328
Target 2: 1.5592
Target 3: 2.1871
Target 4: 3.0679
Target 5: 4.0058
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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VectorAlgo
SUIUSD Very strong bullish break-out signal.Sui (SUIUSD) has gone +140% from last week's Low (August 05) and broke above two major medium-term Resistance levels: 1) The Internal Lower Highs trend-line) and 2) The 4-month blue Channel Down.
The last time the price broke above such major Lower Highs trend-line was on November 04 2023. That initiated a rally that peaked just below the 1.236 Fibonacci extension, which gave way to the 4-month blue Channel Down.
An equally strong bullish signal is the break-out of the 1W RSI above its MA line. As a result, we have strong reasons to turn bullish on Sui on the long-term, targeting 2.7000.
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What is the reason for the rapid growth of the SUI price?The mentions of CRYPTOCAP:SUI in social networks have increased by 8 times.
1️⃣ Did the #SUI team make an ultra-revolutionary breakthrough in the crypto world?
2️⃣ Or did they just allocate a large marketing budget for "crypto influencers"?)
Now, OKX:SUIUSDT price has reached a strong mirror level.
1️⃣ "Natural" growth should have occurred according to the red scenario (growth-correction-growth).
2️⃣ And the information drive into the project for "new buyer hamsters" and pamping, because "tomorrow will be more expensive," may continue for a little while longer.
But there are many levels ahead, where there will be plenty of people willing to get out of CRYPTOCAP:SUI to "zero" after sitting in a drawdown for almost a year.
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#SUI/USDT#SUI
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.8600
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.9200
The first target is 0.970
Second goal 10.04
Third goal 11.12