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SUI/USDT

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🚨 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.
Short
by CScalp_EN
Sui Joins DeFi Leaders, Topping $100M in Bridged USDCOnly 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC. This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175 million in Total Value Locked (TVL). The Sui Network now consistently ranks within the top 25 blockchains for daily transaction volume and within the top 15 blockchains by weekly volume. “Surpassing $100 million in bridged stablecoins represents yet another significant moment for Sui in DeFi, and is a clear illustration of the remarkable success of the Sui community’s efforts to build a versatile and accessible ecosystem,” said Greg Siourounis, Managing Director of the Sui Foundation. “Coupled with the Network’s recent surge in TVL, as well as performance measurements that show Sui operating at the forefront of Web3 technology, this milestone positions Sui as a force driving the next generation of DeFi.” The network’s decentralized ecosystem and independent builders are fueling that growth, with seven projects standing at over $10 million in TVL and 11 projects exceeding the $2 million mark. In another strategic move to fortify the security and reliability of its ecosystem, Sui last week announced an ecosystem investment with leading Web3 security firms OtterSec and Zellic — providing essential access for independent ecosystem projects to high-end auditing services and setting builders on Sui on a path to success. Likewise, November alone saw $500,000 in a fresh round of Sui Grants issued to projects building on the Network. These grants are dedicated to project teams poised to advance the adoption of Sui and its growing DeFi ecosystem.
Long
by DEXWireNews
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!
Long
by Vestinda
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.
Long
by DEXWireNews
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.
Long
by DEXWireNews
Sui Unlocking Potential: The Perfect Entry Point for Profits 💰**Sui Coin News** * Sui, a new layer-1 blockchain developed by Mysten Labs, recently launched its mainnet. * Sui is designed to be a scalable and secure blockchain for decentralized applications (DApps). * The Sui blockchain uses a novel consensus mechanism called "Narwhal" that is designed to be energy efficient and scalable. * Sui has raised over $300 million in funding from investors such as Andreessen Horowitz and a16z. **Disclaimer** This information is for informational purposes only and should not be considered investment advice. Please do your own research before making any investment decisions. I hope this is helpful. Please let me know if you have any other questions.
Long
by MoonTradingForecast
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.
by MyCryptoParadise_Nathan
2
Sui Buying Frenzy: Seize the Opportunity Now! **Sui Coin Fundamental Analysis** Sui is a next-generation blockchain platform that aims to address the scalability and performance limitations of existing blockchains. It is being developed by Mysten Labs, a research and development team that includes former employees from Facebook, Novi, and Diem. Sui is designed to be a permissionless blockchain that can support a wide range of applications, including decentralized finance (DeFi), gaming, and social networking. It uses a novel consensus mechanism called Narwhal that is designed to be more efficient and scalable than traditional consensus mechanisms such as Proof of Work (PoW) and Proof of Stake (PoS). Sui is still under development, but it has the potential to be a major player in the blockchain space. It is backed by a strong team of developers and investors, and it has a clear roadmap for development. **Recent Sui Coin News** * Sui has announced a new partnership with Move Playground, a platform for developing Move applications. * Sui has released a new version of its testnet, which includes a number of improvements and new features. * Sui has been named one of the top 10 blockchain projects to watch in 2023 by Coindesk. **Disclaimer** This is not financial advice. Please do your own research before investing in any cryptocurrency. **Additional Notes** * Sui is still under development and there is no guarantee that it will be successful. * Sui is a new and untested technology and there are risks associated with investing in it. * Sui is not a security and is not regulated by any government agency. **Please note that I am not a financial advisor and this information should not be considered financial advice. Please do your own research before investing in any cryptocurrency.**
Long
by MoonTradingForecast
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.
Long
by DEXWireNews
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.
Long
by DanilBlinkov
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.
Long
by CryptoPatel
2