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SUI / TetherUS

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SUIUSDT trade ideas

SUI $1.70 Long Target - Longed @ $0.89In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal. We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active. Our Entry was $0.89, but Updating this now on the way to $1.70 long target It is possible a dip can come if BTC dips, but if BTC is running to $72K+ this long target is sure to hit sooner than later for a nice 69%+ gain.
Long
by dogdaddevan
📉📈 SUI Trade Analysis 🔄💼Trade Overview: SUI is currently priced at $1.0209 and has recently rebounded to a higher range of support, indicating potential bullish momentum. Trade Technical Details: Entry: Consider entering a trade between $0.90 - $1.10, leveraging the current support level and potential for further upward movement. Take Profit: Set a take profit target at $1.40 to capture potential gains. Stop-Loss: Place the stop-loss below $0.80 to manage risk and protect against adverse price movements. 📊🔍 Monitor SUI's price action closely for trade execution and adjustments! #SUITrading #CryptoAnalysis 🌐🔒
Long
by Richtv_official
Sui Long - keeping it basicAt this Point, waiting for a break out and a clear hold of this support. 0.90 has been identified as a key level for sometime now, on the technical. Aiming for target at 1.30 gonna remove alot of profit as i don't see a full market turn around just because of these levels i see a relief rally, which develops into the real deep lows on btc but before that i think we have a correction which puts in a false sense of security which is where the pro traders will find their edge. Got two stop loses, one for rentry main SL @ 0.85. If we bleed from here the lower levels will be fast, we're so close to this breakout of the downtrend it would be a hghdfheuebbhbdh&&&&*£")"(" There's get bullish already! Get pitted my dudes!
Long
by Grey_SB
6
SUI Under 1$ is a gift SUI is a relatively new Layer 1 blockchain, having been launched in September 2023. Despite its newness, SUI has experienced impressive growth and reached an all-time high of $2.17 in March 2024. SUI is currently available for staking on crypto exchanges like Binance, LBank, 4E, BYDFi, and OKX, allowing users to earn rewards for holding SUI. The team behind SUI is Mysten Labs, a company founded by former Facebook and Diem engineers. Mysten Labs has extensive experience in blockchain development and is highly regarded in the industry. SUI uses Move, a programming language designed to create secure and efficient decentralized applications (dApps). SUI has the potential to become the platform for many dApps in the future, including blockchain games, decentralized exchanges (DEXs), and decentralized finance (DeFi) applications. SUI's market capitalization is currently $2.3 billion, ranking 48th in overall market cap and 52nd in 24-hour trading volume. Mark believes SUI has the potential to reach a market cap of $30 billion.
Long
by fxtactix
The Argument of Unlocked Token ---- SuiIf you regularly engage in DeFi activities, Sui may be familiar to you. This is a network designed to build complex DeFi activities. Relying on a dedicated high-security wallet and Object concept to provide an environment for Dapps that are difficult to innovate on EVM. Judging from the current Defi ecosystem, Sui is undoubtedly second only to the mainnet and Arbitrum. But the price of Sui has almost halved since April. The reason for all this may be attributed to the 50% of unlocked tokens. Some on-chain detectives recently discovered that the total supply of Sui is less than 10 billion, and the number of Sui in the staked state exceeds 8 billion. However, there are 5 billion Sui on the unlocking roadmap that will be unlocked after 2030. Detectives speculate that these tokens, which will be unlocked in the future, have already been unlocked and staked by the foundation. Such behavior has brought centralized criticism to the Sui Foundation. This prompted the market to price Sui with a larger circulation volume, causing Sui to fall sharply. Because the 50% part is not in the true sense of circulation, if the foundation can give the market a satisfactory margin and correct the mistake in the future, Sui will soon be back based on its excellent ecosystem. Sui may continue to maintain a bearish trend before this time. It is also obvious from the indicator. Although Sui rebounded after the decline in early April, the TSB indicator gave a SELL signal on April 16 based on the AI algorithm. Although Sui briefly rebounded after this, it soon fell again. It can also be clearly seen from the indicator chart that when the column touches the wavy area, the bears strengthens and the decline begins. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
SUI in a very important place !!Very important range (0.950 - 1.01) $ If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523). If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target (3.5 - 3.8) $ for this coin. This is an analysis and you are responsible for your profits and losses. It's best to do your own thorough research.
by Crypto-Oracle1
📉🔄 SUI Trading Analysis 📈💡Current Situation: SUI is finding support at $1 after filling the FVG (Fill the Value Gap), indicating potential readiness for the next upward move. Price Action Strategy: If BTC weakens further this week, prepare for a possible fill of the wick at $0.885. Alternatively, if continued strength is observed, anticipate a retest of outlined resistances. Trade Setup: Entry: Trade at current support $1.15 to $1.05. Take Profit: Target $1.31 or next resistance around $1.65. Stop Loss: Set at $1 to manage risk. 📊🚀 Stay attentive to SUI's price action for trade execution! #SUITrading #CryptoAnalysis 🌐💰
Long
by Richtv_official
SUI/USDT Showing Signs to Breakout From Descending Channel👀🚀 💎Paradisers, #SUI is currently cruising within a descending channel, gathering momentum for a breakout. 💎Once it breaks out, we'll wait for a retest for confirmation before planning our trade. This retest phase often follows a breakout and provides an excellent opportunity to confirm bullish momentum. If #Sui holds support at $1.003 and continues its upward ascent, the next target lies in the resistance zone we've projected. 💎However, if #SUIUSDT struggles to maintain support and dips back into the channel, it could signal a weakening bullish trend. In this case, the price may fall further to the next significant support level at around $0.88. 💎Historically, NYSE:SUI has shown resilience by rebounding decisively from this level. If this pattern holds, a strong bounce could occur. A decisive candle close below this support will challenge the bullish outlook, indicating a shift toward a more bearish trend. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise
2