$SUIUSDT : Ready for a Comeback Breakout!BINANCE:SUIUSDT is attempting to break out from resistance after a recent false breakout and subsequent retracement. With layer 1 blockchains gaining momentum, there’s potential for a significant upward move. Traders should keep an eye on key resistance levels as the price makes this push.
It's crucial to manage risk effectively: always use a stop loss and only invest a small portion of your capital in any trade. This approach will help safeguard your investment while positioning you for potential gains. Follow us for more signals!
BINANCE:SUIUSDT Currently trading at $2
Buy level: Above $2
Stop loss: Below $1.45
TP1: $3
TP2: $4.5
TP3: $6
TP4: $7
Max Leverage 3x
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Suiusdtperp
#SUI/USDT
#SUI
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.70
Entry price 1.79
First target 1.88
Second target 2.03
Third target 2.16
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.87
Entry price 1.91
First target 2.00
Second target 2.05
Third target 2.14
SUIUSDT: Restesting ATH Support—Bull Run Resuming Soon!BINANCE:SUIUSDT is currently retesting its all-time high support and is poised to resume its bull run from here. After a healthy consolidation following the ATH breakout, it’s time for take-off! As a strong layer 1 blockchain with a robust community backing it, I’m expecting new ATHs in the near future. Keep an eye on this one!
BINANCE:SUIUSDT Currently trading at $2.14
Buy level: Above $2.1
Stop loss: Below $1.69
TP1: $3
TP2: $4.5
TP3: $6
TP4: $7
Max Leverage 3x
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Example of conditions for Chase the Rally
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(SUIUSDT.P 1D chart)
It is necessary to check whether it can fall from the 2.2492 point and rise with support near the HA-High indicator (2.0299) on the 1D chart.
Since the StochRSI indicator has entered the oversold zone, it is showing a strong downward trend.
Therefore, it is highly likely that it will continue to fall further, so caution is required when trading.
If it falls below 2.0299,
1st: 1.8735-1.9073
2nd: 1.6124
You need to check whether there is support near the 1st and 2nd above.
Therefore, from a short-term and medium-term perspective, if the price is maintained above 1.6124, it is a time for additional purchase.
In other words, I think it is a time when Chase the Rally is possible.
At this time, if the Mid (50) line or HA-Low indicator is created and shows support, it will give you strength to proceed with additional purchase.
-
The important thing to proceed with Chase the Rally is that the long-term moving average line is in a regular array.
If not, it should be considered as a purchase, not Chase the Rally.
In this chart, the M-Signal line of the 1W and 1M charts corresponds to the medium- to long-term moving average line.
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(1h Chart)
If you touch the 5EMA of the 1D chart or the M-Signal of the 1D, 1W, 1D chart, there is a high possibility of volatility.
Therefore, you can start trading depending on whether there is support around here.
However, since the 5EMA of the 1D chart or the M-Signal of the 1D, 1W, 1D chart is for viewing trends, you should draw support and resistance points on the 1M, 1W, 1D charts and check whether there is support around those points and respond.
Since the current chart is a 1h chart, if there are no support and resistance points drawn on the 1M, 1W, 1D charts, you can start trading with the support and resistance points of the 1h chart.
However, a short and quick response is required.
-
The StochRSI indicator is showing signs of forming a double top.
Therefore, if it falls below 2.088-2.0238, it is likely to touch around 1.8735-1.9073.
If the StochRSI indicator is reset while falling to the oversold zone, and the price maintains around the M-Signal line on the 1D chart, I think it is highly likely to turn upward.
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Reflecting this movement, it is expected that the trend will be formed depending on which direction it deviates from the box range (1.9752-2.0761) of the HA-Low indicator.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.95
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.03
First target 2.13
Second target 2.23
Third target 2.35
#SUI price will first to break into the alt-season ?)At the moment, the inverted Head and Shoulders on OKX:SUIUSDT chart are drawn quite technically and “by the book”.
Even such an important factor as increased trading volumes in the right shoulder is being fulfilled, and this is especially evident in trading OKX:SUIUSDT.P futures.
Now, CRYPTOCAP:SUI buyers have one task - to keep the price above $1-1.05
Fulfillment of this condition will guarantee growth to at least $1.50, and if you're lucky, up to $2.40
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#SUI hits a new record high, beware of a pullback📊#SUI hits a new record high, beware of a pullback📉
🧠From a structural perspective, the goals of the daily bullish structure have all been achieved, and a new record high has been hit again, so we need to be wary of the risk of a pullback. The selling pressure near the ATH is relatively heavy, and a bearish head and shoulders structure is constructed on the one-hour chart, so the probability of continued decline is relatively high. Don't chase the rise in the resistance zone.
Let's see👀
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BITGET:SUIUSDT.P
Sui(SUI) Roadmap!!!Today, I want to analyze the Sui( BINANCE:SUIUSDT ) project , which has seen a good increase in these days, and show you its roadmap .
The recent price surge of the SUI token can be attributed to several key factors :
1- Increased Transaction Volume : Sui Network recently surpassed Solana in terms of transaction volume. This uptick in transactions is largely driven by the rise of meme coins on the Sui blockchain, which has caught the attention of traders and investors alike.
2- Strategic Partnerships and Institutional Adoption : Sui Network has formed strategic partnerships, notably with Grayscale and Circle. The launch of the Grayscale SUI Trust has enabled institutional investors to gain exposure to SUI, boosting interest and liquidity. Additionally, the integration of USDC through Circle’s Cross-Chain Transfer Protocol has enhanced the network’s utility in DeFi and gaming sectors.
3- New SCION Technology : Sui introduced SCION, a new network infrastructure designed to enhance security and reduce latency in Web3 applications. This innovation has further bolstered confidence in the network, attracting more users and developers.
It seems that according to the good news that has come for the Sui project , the increase of the SUI token will continue, but it will probably experience a small correction to increase again.
Currently, SUI is moving near the Resistance lines and the Potential Reversal Zone(PRZ)($3.00-$2.50) .
According to the theory of Elliot waves , SUI seems to be completing the main wave 3 . ( It is completing the microwave 5 of the main wave 3 ).
I expect SUI to rise another +20% or so and then start to correct. SUI correction can be -20% to -40% .
Sui Analyze (SUIUSDT), Daily time frame⏰.
🔔 Be sure to follow the updated ideas. 🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.85
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.90
First target 2.00
Second target 2.06
Third target 2.15
SUI, Just imagineThis chart is for imagination purpose only.
if the October to march season hit, we could very well imagine this.
The fractal on the chart comes from the previous move of October 23" to February 24".
27 million holders
Just imagine, that's all.
"That's it, that's the idea" - Good night !
#SUI/USDT#SUI
The price is moving in an ascending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.70.
Entry price 1.75.
First target 1.87.
Second target 1.94.
Third target 2.00.
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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Thank you
#PEACE
Is the upward trend of SUI continuing?As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95.
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:
First Support $0.7777
Second Support $0.4747 - $0.54
Resistance area at $1.21 (price is now involved)
Target and resistance range located at $1.95
Do you think this upward trend continues?
#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/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
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
#SUI/USDT#SUI
The price is moving below a strong downtrend on a 4-hour frame and is about to break to the upside after being tested now.
.
We have a bounce from the green support area at 0.5800
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 0.6150
The first target is 0.6900
The second target is 0.7500
The third goal is 0.8240
#SUI/USDT#SUI
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.7060
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.7600
First target 0.8295
Second target 0.8800
Third target 0.9368
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.6200
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 0.6400
First target 0.6895
Second target 0.7200
Third target 0.7526
Sui/Usdt IdeaSUI/USDT Updates as per Members' Demand
SUI/USDT is showing significant strength, with a confirmed breakout.
However, I would not recommend entering at the current moment.
As visible on the chart, there is a notable Fair value Gap.
The price is expected to retrace to this zone, which will serve as our entry point.
We will wait for the price to reach this level for entry; otherwise, we should ignore it.
Dyor
#SUI/USDT#SUI
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break it upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4600
We have a trend to stabilize above the moving average 100
Entry price 0.4739
First target 0.5059
Second target 0.5496
Third target 0.5964