Suiusdtsignal
Breaking: $SUI Dips 8% Today Down to $2.28Sui the layer 2 layer-blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform, leveraging a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures has dip 8% today amidst a broader market condition.
As of the time of writing, CRYPTOCAP:SUI is down 4.2% trading below key Moving Averages (MA) with the Relative Strength Index (RSI) currently oversold at 39 hinting at a move breaking below the support point to the 1-month low axis.
Sui Price Live Data
The live Sui price today is $2.25 USD with a 24-hour trading volume of $627,615,661 USD. Sui is down 7.77% in the last 24 hours. The current CoinMarketCap ranking is #18, with a live market cap of $7,119,977,067 USD. It has a circulating supply of 3,169,845,047 SUI coins and a max. supply of 10,000,000,000 SUI coins.
SUIUSDT: Breakout + Retest = Lift-Off Soon!BINANCE:SUIUSDT has shown impressive strength, bouncing back with solid volume after hitting a major weekly support level. This bullish reaction suggests a potential move toward higher highs, making it an attractive opportunity for long-term investors. Entering a position in the spot market and holding for the long term could yield significant gains.
On the 4-hour chart, SUI is forming an ascending triangle pattern. After breaking out, it has successfully retraced and is now gearing up for a strong swing move. Traders can consider entering at this level and look to book profits as the price climbs higher. As always, managing risk with a proper stop loss is crucial.
BINANCE:SUIUSDT Currently trading at $2.4
Buy level : Above $2.4
Stop loss : Below $2.15
Target : $3.5
Max leverage 3x
Always keep stop loss
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#SUIUSDT 1 DAYSUIUSDT Daily Analysis
The SUIUSDT pair is forming a rising wedge pattern on the daily chart, which often indicates a potential bearish reversal. The price is approaching the wedge's support line, and a breakdown below this level would signal increased selling pressure, offering a strong sell opportunity.
Technical Outlook:
Pattern: Rising Wedge
Forecast: Bearish (More Sell Opportunity upon Support Breakdown)
Entry Strategy: Enter a sell position after the price breaks below the wedge's support line and confirms the breakdown with bearish price action, such as a strong close below the support or a retest of the broken level.
Traders should use indicators like RSI or MACD for confirmation of weakening bullish momentum. Proper risk management is critical, with stop-loss orders placed above the wedge and profit targets set at key support zones below.
$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
SUI Jumped in TVL and Still Looks Bullish / Targets and PlansBINANCE:SUIUSDT
COINBASE:SUIUSD
Longterm Scenario
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
🧐The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be canceled.
SUIUSDT**SELL. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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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SUI at Risk: Bearish Momentum and Key Levels to Watch!Yello, Paradisers! Is SUI heading for another leg down, or will it surprise us with a breakout? Here's our take.
💎SUI is showing strong bearish momentum right now as it faces a key supply area. One of the main signals confirming this is the bearish divergence on the RSI indicator, which often indicates a potential price drop. If SUI gets rejected again (as it did previously), there’s a good chance it will revisit the 1.7180 demand zone, possibly giving us a short-term rebound before continuing its downward journey toward the 1.6 support level.
💎This 1.6 area is crucial because a break below this zone would validate a double-top pattern, suggesting a significant bearish move. Should this happen, we could see SUI targeting the Bullish OB at the 1.24 level.
💎However, if SUI breaks out above its All-Time High (ATH) at 2.18 and closes the day above it, this will invalidate the bearish setup. Such a breakout would signal a bullish continuation, and we’d expect prices to push higher. In that case, it would be wise to close any short positions on SUI, as the trend could shift significantly.
Discipline, patience, and strategic positioning are key here.
MyCryptoParadise
iFeel the success🌴
SUI Recovery in Play: Targeting $1.44 After Key BreakoutAfter reaching an all-time high (ATH) above $2 at the end of March, SUI entered a correction that pushed the coin below the key $1 level, reaching a low just under $0.50 on August 5th. However, SUI quickly recovered, and by August 8th, the SUI/USDT pair had broken above the falling resistance line of the channel, hitting a high above $1 on August 12th.
Following this move, the coin consolidated below this critical level, forming a clear higher low around the $0.75 zone. Currently, SUI is trading back above $1, sitting just below an important technical resistance. A breakout above this resistance appears imminent, with the first target for further upside being $1.44, representing a potential 40% rise.
Looking further ahead, if the broader crypto market continues to show optimism toward the end of the year, SUI could potentially retest its previous ATH above $2.
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!
Want more setups for spot and futures? Follow me and like this post!
Thank you
#PEACE
#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
SUIUSDT Critical Levels to Watch as Price Tests Supply!Yello, Paradisers! Are we on the verge of a major move for #SUIUSDT? Let's dive into the key levels and potential scenarios to watch out for.
💎The price recently bounced off a strong demand area, closing with a green daily candle, signaling a possible reversal. Currently, #SUI is testing the supply area around $0.76 but is facing rejection. This suggests that the price may revisit the support level at $0.697 to build momentum for another attempt to break through the supply area.
💎If a successful breakout of the supply area occurs, this could create a strong bullish momentum, pushing the price towards the next resistance zone between $0.89 and $0.92. A decisive break above this resistance could solidify the bullish trend and align with our target area.
💎However, if SUI fails to hold at the support level and breaks down, the price is likely to revisit the strong demand zone between $0.61 and $0.559. This area is crucial for maintaining bullish prospects.
💎A bounce from this demand zone is essential; failure to do so and a subsequent break below this level would invalidate the bullish outlook, increasing the probability of a further downward move.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Long position on SUIUSDT 8H / Trading SetupBINANCE:SUIUSDT
COINBASE:SUIUSD
Hello dear traders.
Follow for more analysis and positions.
Long position on SUIUSDT 8H
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
1.135
1.165
1.20
1.27
1.32
1.356
1.425
➡️ SL:
1.028
The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
SUIUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth.
Entry: Market and lower (im in pos + limit order at 0.7)
Targets: 3 - 5 - 7 - 12
Longterm target zone: 10 - 15$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
It's not financial advice.
DYOR!
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
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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