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Suiusdt

#SUI. Corrections = Opportunities – Plan Ahead! 11/29/24Local market corrections are inevitable, and they present excellent opportunities to find strong entry points. After securing 6x returns on #SUI, the euphoria has started to fade, and retail traders are being gradually calmed down, leading to the local pullbacks we’re now seeing for #SUI. Accumulation on spot and opening swing positions should be considered in the $3.2 - $2.8 range, with an initial target of $4. After that, in my view, the price might dip to the $2.0 - $1.6 range before the true rally begins. DYOR.
Long
by trendbooster
1
SUI or SOL, $5 or $300? You to Choose!SUI or SOL? WHat to? As you could see in the previous chart for SUI, DITTO worked as doodled! SO the Plans of the trade are as such, On days chart, The resistance are at such a juncture point that when short is happened thats the ideal point to buy. But as always, shall it has some power to fuel up, can go to approx 4.75 and then fall, so Ideally if CMP buying targets till 5. My ideal point of buys goes at 3.596 the red lines, so would take a hedged position of long first and short next. Going for BUYS to CMP and would trail SL to COST whenever possible. What you can do? Take shorts to hold till the point, or wait for it to come to buy
Long
by MastaCrypta
SUI hits a new ATH. Again. With a strong positive breakout from its bullish flag pattern in the daily time frame, the Sui token has achieved a new all-time high of $4.47 with a trading volume of $4.58 billion, a change of +78.77%. This indicates increased bullish sentiment for the altcoin. The Moving Average Convergence Divergence (MACD) displays a rising green histogram with its averages recording a bullish convergence in the daily time frame. This highlights an increase in the buying sentiment for this altcoin in the crypto market. On the other hand, the SMA indicator constantly acts as a support to the SUI price chart. Reportedly, this indicates a strong bullish price outlook for the Sui token in the upcoming time. Maintaining the price above its support level of $4 could set the stage for this altcoin to head toward its $4.75 mark. Moreover, if the bullish sentiment intensifies, this could push the price toward its higher price target of $5.5 this month. However, if a bearish reversal occurs, the Sui crypto price may retest its support level of $4.00. Furthermore, if the bearish momentum intensifies, this could pull the price of this altcoin toward its lower support trendline of $3.250.
Long
by paul_endeo
SUIUSDT jump 📈 SUIUSDT Trend Analysis 🚀 Looks like SUI just broke through a major resistance level at $1.9740! 🔥 This breakout could signal a bullish continuation 📈, especially if it holds above this level. The next profit targets are marked around $4.4444 and $7.7002 💰 – good spots for traders to consider locking in profits. 📝 Key Tips: Follow the trend as long as support holds. Stick to money management rules to protect your gains 🛡️. Let’s see if SUI can reach those higher levels! 🤑💪
Long
by ahmadarz
Sui hits $4 ATH. What's next?Sui has been gaining significant attention from investors. Riding the wave of Bitcoin’s new all-time high, Sui also reached record levels. Since the U.S. election, the altcoin has surged by an impressive 118%, setting a new all-time high. Sui has delivered remarkable returns of 760% since August, placing it among this year’s best-performing altcoins. Over the past month, it has traded within a tight range of $1.84 to $2.37. However, during the U.S. election, Sui broke out, climbing alongside Bitcoin and other altcoins. A few hours ago, it reached a new peak of $4.04. Despite this milestone, Sui’s momentum has slowed, with minimal price changes since. On the daily chart, the Relative Strength Index (RSI) is at 74.32, suggesting bullish sentiment. Similarly, the Average Directional Index (ADX) has climbed to 23.28, indicating the potential for further gains. While technical indicators remain positive, the trading volume tells a different story. Daily volume has fallen by 13.27% compared to the previous 24 hours. Despite this, Sui’s price has risen by 2.39% and is currently trading at $3.84. Sui has been a top performer this year, delivering exceptional returns. However, with investors beginning to take profits, selling pressure may lead to a correction. Key support levels to watch are $3.19 and $2.90, with stronger support at $2.30 if the decline intensifies. On the other hand, if Bitcoin continues its rally and draws more buyers into the market, Sui could defy expectations and surpass its recent all-time high.
Long
by paul_endeo
$SUI Breakout: Bullish Rally in Sight!CRYPTOCAP:SUI Breakout of this symmetrical triangle pattern, confirming bullish momentum! 📈 Entry: Accumulate above $3.80 🎯 Targets: Midterm: $5.00 (30% upside) Long-term: $6.25 (60% upside) 🛡️ Stop-loss: $3.45 Available for both spot and futures trading. A confirmed breakout indicates the potential for a strong rally ahead. Use proper risk management! ABOUT CRYPTOCAP:SUI CRYPTOCAP:SUI is a next-gen blockchain designed for high-speed transactions and scalability, catering to decentralized applications and new-age financial systems. About SUI: Sui is a next-generation blockchain designed for high-speed transactions and scalability, catering to decentralized applications and modern financial systems. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk; conduct your own research (DYOR) and consult with a financial advisor before making investment decisions. #Crypto #Altcoins #SUI
Long
by CRYPTOMOJO_TA
SUI / USDT: bouncing back from support and eyeing a breakout abvSUI/USDT: Bouncing Back from Support and Eyeing a Breakout Above Trendline Resistance SUI/USDT is showing bullish momentum 📈 as it rebounds from a key support zone and approaches a significant trendline resistance 📊. The setup is ripe for a potential breakout 💥 that could trigger a powerful upward rally 🚀. Stay alert and wait for confirmation before taking action. Key Insights: 1. Support bounce: SUI/USDT has bounced back strongly from a critical support zone, indicating renewed buyer interest and a potential shift in momentum. 2. Trendline resistance: The pair is nearing a long-standing trendline that has capped previous rallies. A break above this resistance could open the doors for a sustained bullish move 🔥. 3. Bullish indicators: Momentum indicators like RSI and MACD are turning positive ⚡, signaling growing strength in the market. Steps to Confirm the Breakout: Candle confirmation: Wait for a clear 4H or daily candle close above the trendline 📍. Volume surge: A noticeable spike in trading volume during the breakout adds confidence to the bullish scenario 📊. Retest confirmation: Watch for the trendline resistance to flip into a support zone during a successful retest ✅. Beware of fakeouts: Avoid entering on sharp wicks or sudden reversals above the trendline ⚠️. Potential Targets (Post-Breakout): Initial resistance: Next target: Risk Management Strategies: Set stop-loss orders: Protect your capital by placing stop-losses below key levels 🔒. Position sizing: Ensure your trade size fits your overall risk tolerance and strategy 🎯. This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Long
by Crypto-By-Ghazi
SUI | Sui & Mysten LabThe price of Sui is $1.34 today with a 24hour trading volume of 1 billion dollar, SUI trading on multiple exchanges is live now and the startup has closed its public round recently on KuCoin and OKX Investors who purchased the native token of the Layer 1 blockchain Sui in a public offering last month are seeing large returns now Binance accounts for 63% of Sui's spot trading volume, Bybit 16.6%, OKX 10.6%, and KuCoin 7.3% Sui is a layer one blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. 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... Sui listings that came in the evening on a day when the FED's interest rate decision may have put pressure on the price so no fomo it is necessary to wait for the price to accumulate in a certain range and not to act for fear of losing the opportunity
by moonypto
8
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.
Long
by UA_CAPITAL