SUIUSDC_3B5857.USD trade ideas
SUIUSD will fall!?I think it will fall due to the false break out and I think it will create a new resistance or test the old one before making any more significant runs I do not think the bull run will continue. But I guess we will see. Feel free to let me know in the comment section I will engage.
Amid Intense Pullback, Will SUI rise again?SUI price has dipped 2.66% in the last 24 hours, falling below the $2 psychological mark to $1.90, with a market cap of $5.29 billion.
The daily chart shows a rounding bottom pattern, but the price faced resistance at $2.07, forming an evening star pattern after a 1.51% drop.
Key EMAs (50-day, 100-day, 200-day) remain bullish, acting as dynamic support.
MACD and signal lines indicate uncertainty, moving sideways without clear momentum.
A bearish candle hints at further downside, with the next support level at $1.74 based on Fibonacci retracement.
A potential neckline breakout could fuel a 50% rally, pushing SUI to the $3 mark.
SUI targets $3 Amid $2 breakout Current Price: $2.04, reflecting a significant 7.55% increase in the last 24 hours.
Weekly Performance: SUI has surged 8.29% over the past week, demonstrating strong resilience in a fluctuating market.
Recent Chart Patterns: The formation of a bullish engulfing candle indicates heightened buying pressure, positioning SUI to challenge the $2.07 resistance level.
Fibonacci Levels: If SUI breaks above $2.07, it could target the $3.00 psychological mark, representing a 50% upside potential in the short term.
Technical Indicators:
The MACD shows a positive crossover, suggesting strong bullish momentum.
Increasing bullish histograms support the likelihood of continued upward movement.
Market Sentiment: With a market cap of $5.63 billion, SUI's positive momentum amidst a Bitcoin pullback positions it as a potential star for the upcoming October rally.
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 Bull Run Chances Of Reaching $5SUI Price Skyrockets Amid Bull Run: SUI has experienced a significant price increase, skyrocketing as the crypto market gains bullish momentum.
Streak of Bullish Candles: The uptrend is marked by a series of bullish candles, indicating strong buyer interest and sustained upward pressure on the price.
Challenging Resistance at $1.6785: The SUI price is currently challenging a key resistance trendline near $1.6785, a critical level that coincides with its initial trading price.
Potential Breakout Beyond 78.60% Fibonacci Level: A new breakout could surpass the 78.60% Fibonacci retracement level at $1.7712, paving the way for further gains.
Rounding Bottom Reversal Pattern: On the weekly chart, SUI displays a rounding bottom reversal, signaling a potential long-term trend reversal from bearish to bullish.
Over 100% Returns in Three Weeks: The altcoin has delivered more than 100% returns in the last three weeks, highlighting strong performance and investor confidence.
Surpassing the $1.50 Psychological Mark: The uptrend has successfully crossed the $1.50 psychological barrier, reinforcing bullish sentiment in the market.
Double Bottom Pattern Formation: The rounding bottom hints at a double bottom pattern with a neckline near $1.67, which, if broken, could trigger a significant price rally.
All-Time High at $2.18 as Key Supply Zone: The previous all-time high of $2.18 represents a major supply zone; surpassing this level could accelerate the bull run and lead to new highs.
Current Price and Market Pause: SUI is trading at $1.55 with an intraday drop of 2.04%, indicating a brief pause in the bullish streak but maintaining overall upward momentum.
Golden Crossover Signals Strong Uptrend: A bullish crossover between the 50-day EMA and the 200-day EMA, known as a golden crossover, suggests a strong potential for continued upward movement.
RSI Nearing Overbought Territory: The weekly RSI is approaching the overbought boundary, reflecting increased buying pressure and bullish market conditions.
Targets at $3 and $5 Psychological Marks: Based on Fibonacci extensions and bullish momentum, SUI may target the $3 and $5 psychological levels in the near future.
Historical Bullish October: The crypto market's history of bullish trends in October bolsters the likelihood of SUI reaching its ambitious price targets during this period.
Support Levels at $1.50 and $1.33: Key support levels are identified at $1.50 and $1.33, which could act as strong foundations in case of a price correction.
SUIUSD โ Momentum Builds, Next ATH Target at $4.65SUI has recently taken the spotlight with a 27% weekly gain last week and another 8% today, making it one of the top-performing assets in the market. Driven by strong developer activity and a rapidly growing ecosystem, SUIโs performance has been nothing short of impressive. As we analyze its chart, we can see a clear path to the next big move, possibly propelling the price to a new all-time high (ATH).
๐ Key Technical Levels:
Support: $0.82
Resistance: $2.03 (Primary Target)
Next ATH: $4.65
Weโve accurately called the previous top, which now reinforces the confidence that this new surge could test and break critical levels. Currently, SUI is consolidating well after breaking out of the $1.18 mark, and its bullish momentum looks intact. Traders should watch for key reactions around the $2.03 resistance, as a breakout above this point could set SUI on a rapid course towards the $4.65 ATH.
Why SUI?
SUIโs unique Layer 1 architecture is built for scalability and efficiency, with an emphasis on DeFi, gaming, and NFTs. Its Move programming language provides developers with enhanced security features and efficiency for smart contracts, making it increasingly attractive for new projects. These factors are driving not just price but also on-chain growth, with more developers and dApps building on SUIโs robust ecosystem.
Momentum Explained
According to recent news, SUIโs incredible 27% weekly surge was driven by increasing transaction volumes and key partnerships in the ecosystem. This has attracted attention from both retail and institutional investors, further fueling the rally. As SUI continues to expand its partnerships and upgrade its ecosystem, we could see further upward movement.
Potential Path to $4.65
Looking at the chart, SUIโs ability to maintain support around the $0.82 level has been key to sustaining its momentum. A breakout above $2.03 could lead to a rapid ascent, possibly hitting the next ATH at $4.65. The Fibonacci levels align well with this target, reinforcing the bullish outlook. As the market continues to embrace blockchain solutions optimized for speed and scalability, SUI is perfectly positioned to benefit from the rising demand.
Conclusion
If you missed SUIโs recent rally, thereโs still time to catch the next big wave. With momentum on its side, solid fundamentals, and technicals pointing toward new highs, SUI might just be at the start of something bigger. Watch for the next key resistance at $2.03, as a breakout could confirm a swift move toward $4.65.
One Love,
The FXPROFESSOR ๐
SUI is one of my top picks. Take a look at #CRGPT which is my Top one.
SUI price reversal targets $3
SUI's bullish momentum is driven by a rounding bottom reversal and a breakout above the psychological $1.30 resistance.
The price is set to challenge the 1.618 Fibonacci level at $3.00, which would result in a 126% price jump.
The impending golden crossover between the 50 and 200-day EMAs reinforces a strong uptrend signal.
The broader crypto market recovery, fueled by the U.S. Federal Reserveโs rate cuts, is further supporting SUI's upward momentum.
$3.5 COULD BE A LOW HANGING FRUIT FOR SUIUDT THIS 2025 BULL RUN!With a continuous increase in daily trading volume, SUIUDT could easily see $3.5. It is currently one of the fastest moving Layer 1's.
Recently, USDC has been brought to the SUI network to improve it's DeFi potential. With the launch of DeLorean Labs on the network, NFT trading activities could push the price of the token higher.
My predictions for this coin is $3.5 as a low hanging fruit and $6.5 on the high end.
The best time to buy SUI would be when it's worth $1 - $1.5
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: A monster in the making!Sui chart is as impressive as SOL or ETH at the ground floor. Barring the day 1 craziness, the price action has formed higher high and higher low. It is still very early to assess if this has any merit, but in the short term, the chart is showing very powerful impulses. Even going back to ATH will be 4 x from here and I believe it will not stop there. I got in with a tiny position at $0.75 level and planning on adding to the dips. I will be wrong on this entire idea if price goes back to $0.75 level again and I will have to get out of it. But if this plays out, then the gains would be unimaginable!
SUI to $10SUI is a new coin with a project that has high potential.
Although fundamentally the market cap is huge with a high percentage of locked coins, technically it looks ambitious as long as it's above $0.4627 the target would be a new all time high after passing the confirmation level of $1.0142
Depending on the shape of the bullish move, the final target will be determined.
As for now, the best possible scenario targets the $10 level.
SUIUSD Very strong bullish break-out signal.Sui (SUIUSD) has gone +140% from last week's Low (August 05) and broke above two major medium-term Resistance levels: 1) The Internal Lower Highs trend-line) and 2) The 4-month blue Channel Down.
The last time the price broke above such major Lower Highs trend-line was on November 04 2023. That initiated a rally that peaked just below the 1.236 Fibonacci extension, which gave way to the 4-month blue Channel Down.
An equally strong bullish signal is the break-out of the 1W RSI above its MA line. As a result, we have strong reasons to turn bullish on Sui on the long-term, targeting 2.7000.
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$SUI & the Raul Paul Effect? I thought it was strange for Raul Paul to come out and openly talk about his investement in SOL back in 2023
Usually VC's do this once they have secured their position, but Raul talked like it was God's gift to crypto and he shamelessly brought SOL up in every single talk he ever had
Now he has begun to talk about Sui in the same way. There are rumors that Sui has a large market maker who was highered to push the price to $14. Idk about that but the rumor alnong with this odd support from Raul seems good.
Took a position in the ecosystem... lol mostly just bought the memes though
fud
hsui
scb
simba
probably will buy others
fun to see how this plays out
also gives exposure to the "move" narrative where Aptos, Sui and others are competing for this new standard.
kind of just another rotation in the never ending hunt for evm alternatives that can actually handle high transaction volumes...
Sol was first maybe move
also thinking hashgraph style L1's might get a narrative... but all that is not really what im watching here..
This sui bet is simply just wondering if Raul Paul can strike twice?
Sui in weekly chart Hello
Following last published idea for SUI. waves, it is making a morning star in 2W chart and we should wait and see if it ends up with a reasonable Engulfing pattern. For investors, every day is late to buy more in this market (even if correction continues more) but for swing traders it is good idea that wait for getting first confirmation.
I am not a crypto trader and I do recommend to any one.
Thanks
SUI in weekly chartHello
I am an elliotician (at least I want to be) and as you, Elliott works with mass psychology, so when you see a chart ( mostly in large timeframes) that has neat pattern it can come from a consistent and stable psychology of this chart and its investors. (This is only my experience and conclusion and I have never read it any text books).
What I can see simply , far from many countings in lower time frames, is a clear impulse wave , as wave I cycle, and we are waiting to see its huge rally as wave III in the next weeks.
Thanks
SUI - SEI out of phase but same pumpinomicsSUI - SEI out of phase but same pumpinomics
UPDATE
I got the timing wrong last time but the idea is still valid imo. looks even clearer actually. that unlock was nicely timed huh..
Get your money VCs. The crowd will fund your new yacht in 3,2,1
Coinbase ventures laughing all the way to the bank. What is SUI? just another blockchain from the crypto whales that brought you 300 other 'transformational' blockchains in the last few cycles. VCs will extract their 50-100x and leave you with the bag.
If you haven't seen this industry for what it really is yet,, get your head right and start making money.
x
SUI confirmed bullish with Whale purchase Target: $2.14 Fib with trend guidance. Buy label not confirmed, White plot not confirmed for entry.
I've measured a pattern created by smart money called contraction.
zig zag should meet qualifications otherwise will make it somewhere near the red arc.
Candlestick trends have tendency of getting rejected once it taps the smart money contraction line but eventually trend makes its way through on the same day or other date.
Added Fig for guidance
For quicker entry use 30Min TF for a quick Buy label but green plot above the yellow and orange. don't forget to uncheck the MA4.
Stick to the 30min strategy. In case there is a confirmation on the 4hr TF with a BUY label and MA4 has also confirmed entry then that's up to you to hop over for a much longer long trade.