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
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Suiusdt
📈 SUI Long-Term Holding & Swing Spot Trade Analysis 🚀For market participants considering a long-term holding coin with a swing spot trade strategy, the analysis focuses on SUI. The Stochastic RSI on the daily timeframe is currently oversold, indicating a potential bounce in the near term.
Key Analysis:
Oversold Conditions: The Stochastic RSI on the daily timeframe is in oversold territory, suggesting a potential reversal or bounce.
Buying Zone: The suggested buying zone is set at $0.64 - $0.58, aiming to capture the potential bounce from oversold conditions.
Resistance Levels: Key resistance levels are identified at $0.70, $0.80, and $1, representing potential areas where the price may face selling pressure.
Stop Loss: To manage risk, a stop loss is set below at $0.54, providing a level where the trade may be reconsidered in the event of adverse price movements.
🚨 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 / 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!
Sui (SUI) User Activity Increased Indicating Positive MomentumSui (SUI)
SUI continues to show positive momentum, attributed to both the rising trend of BTC and increased user activity on the Sui network. In the past two months, the blockchain's TVL has increased fivefold, currently standing at $140 million.
SUI is currently trading within a wide sideways range, with its support zone between $0.48 and $0.52 and resistance range between $0.64 and $0.69. The asset's primary aim is to sustain its growth trajectory and reach new local highs, with upcoming targets for buyers at $0.70 and $0.75.
However, in the event of a BTC correction and upcoming large-scale token unlocks, there is a risk that Sui might undergo a substantial drop. If this occurs, the coin's price could potentially fall to $0.43, approaching its historic low range of $0.36 to $0.40, which would be a significant test of the project's stability.
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.
SUI: What to Expect in the Next Few WeeksSUI has been trading in a tight range between $1.06 and $1.33 for the past few weeks. The Relative Strength Index (RSI) is currently in a neutral zone, indicating that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is also flat, suggesting that there is no clear trend in the market.
The next resistance level for SUI is at $1.33. If the price can break above this level, it could move up to the next resistance level at $1.50. On the other hand, if the price fails to break above $1.33, it could move down to the support level at $1.06.
Overall, the technical indicators suggest that the market is currently in a neutral zone. The next few days will be critical in determining the direction of the market.
Additional Factors to Consider
Before making any investment decisions regarding SUI, there are some additional factors to consider:
The Overall Cryptocurrency Market
The overall cryptocurrency market is currently in a downtrend. This is something to consider when evaluating the potential for SUI. While SUI may have solid technical indicators, the broader market’s downturn could affect its price.
SUI’s Market Capitalization
SUI is a relatively new cryptocurrency and has a small market capitalization. This means that it may be subject to higher volatility than more established cryptocurrencies. Investors should consider this when making any decisions regarding SUI.
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.
SUI Takes a Hit due to FUD
The director of the Korean Financial Supervisory Service stated that they would be scrutinizing the Sui project for possible manipulations of its native token offering.
This regulatory announcement stems from rumors circulating since June, which suggested an early release and subsequent sale of SUI staking rewards on the Binance platform.
In response to these developments, SUI plummeted by over 7%.
However, the project's team vehemently denies these allegations and stresses their commitment to working closely with regulatory authorities to ensure complete transparency.
Considering the token's current market performance, such claims are met with skepticism.
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/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.
SUIUSDTSUIUSDT, after being traded in range for some time now has given the massive breakout from range. Ranges are best in a sense just buy the support and sell the resistance.
Range breakouts are usually massive as we can see in this case as well.
If this breakout sustains the next higher target could be 0.6040.
What you guys think of this idea ?
🔥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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