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SUI / TetherUS

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SUIUSDT trade ideas

SUI Posts 24H Gain, but May Retest Support SoonThe Sui price is trading within a consolidation zone between $1.4995 and $1.6570. However, the latest drop in the altcoin’s price led to it falling out of a short-term positive price channel. As a result, SUI may soon retest the $1.4995 support level. A break below this significant price point could put the crypto at risk of plummeting down to the subsequent support level at $1.3700 in the short to medium term. In an extremely bearish scenario, the Sui price could nosedive to as low as $1.2270 in the upcoming fortnight. This bearish thesis may be invalidated if the Sui price is able to recover back within the bullish channel in the next 24 hours. In this alternative scenario, SUI could attempt to flip the $1.6570 resistance level into support within the following couple of days. Bears Are Gaining the Upper Hand Against Bulls Technical indicators on SUI’s 4-hour chart suggest that SUI may drop in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are flagging bearish. The RSI line is on the verge of crossing below its Simple Moving Average (SMA) line. This could trigger a significant bearish technical flag that will indicate sellers have gained an upper hand against buyers. In addition to this, the MACD line is closing in on the MACD Signal line. This could be the early indication of SUI entering into a negative trend.
Short
by StevenWalgenbach
SUI: The Arc of Opportunity in FormationThe SUI cryptocurrency has been carving an intriguing formation on the chart, visually manifesting itself as a saucer or arc. This pattern suggests the possibility of an upcoming opportunity for astute investors. In this TradingView analysis, we explore current trends and technical signals that could indicate significant moves in the near future. Find out how investors can still take advantage of this unique training at SUI! Experienced traders, what do you think?
Long
by karelys914
6
Short for SUISUI:USDT is experiencing a swift surge 🚀! In a short span, the cryptocurrency has shown remarkable movement, catching the attention of traders and investors alike. The market dynamics are rapidly changing, offering potential opportunities for those keeping a close eye on SUI:USDT. 📈 Whether you're in it for a quick trade or exploring long-term potential, the current activity suggests a moment of excitement in the crypto space. Stay tuned as the market unfolds! 🌐💹
Short
by free_ai_prediction
SUI Poised for blue sky breakoutOn the larger time frames there is a viable cup breakout going on SUI is currently sitting above key levels trying to retest for breakout continuation. SUI is also showing hidden bullish divergence on the 4h, and by the looks the price would have to drop substantially for this hidden bullish divergence to turn bearish. People are buying every dip and this crypto is ramping up for a really strong blue sky breakout IF key levels can hold RIGHT here or HIGHER
Long
by Zephyr7777
3
SUI ANALYSIS🔮 #SUI Analysis : Pattern Formation 💰💰 🤑🤑 #SUI was making perfect and huge rounding bottom pattern snd also breakout the neckline in 3d time frame, indicating a potential bullish move. If #SUI trade above the neckline then we will get a bullish move📈📈 🔖 Current Price: $1.5963 ⏳ Target Price: $2.9500 ⁉️ What to do? - We can trade according to the chart and make some profits in #SUI. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #SUI #Cryptocurrency #Pump #Breakdown #DYOR
Long
by ZEUS_Market_Alerts