SUI the next SOL?Today, SUI is stirring Crypto Twitter, the most talked-about token.
On the daily, SUI has reached its resistance so we can expect a slight cooldown from this level
On the 4-hour timeframe, it's starting to look very interesting as 4hema50 already crossed above 4hema200
$1 is proved to be a strong resistance (psychological number) , however, would view 0.90 to 0.86 area as good area to bid (poc)
However, we can also deviate to .82 to .80 taking those excess (poor lows & single prints)
Token unlocks coming in 19 days, 26% of the total supply is currently circulating. Still 74% of the supply still has to come to market. Let's see how this event will affect the price.
Exciting to see all the buzz and potential developments for SUI Network!
SUIUSDT trade ideas
SUI - Strong upward momentum +300% Profit Target#SUI/USDT #Analysis
Description
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+ SUI had a strong reversal after hitting the trendline support, This strong reversal is showing overall healthy recovery for the SUI price.
+ i'm expecting this momentum to continue and hit the resistance trend line with the price target of $4
+ This is a weekly chart analysis, it will take few months to reach our target.
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VectorAlgo Trade Details
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Entry Price: 0.95
Stop Loss: 0.44
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Target 1: 1.2328
Target 2: 1.5592
Target 3: 2.1871
Target 4: 3.0679
Target 5: 4.0058
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
SUI, time for confirming the reversal uptrend?The SUI/USDT chart on a 4-hour timeframe has shown a clear downtrend within a descending channel, with consistent lower highs and lower lows since mid-April. Recently, a breakout from this downtrend occurred, leading to a sharp reversal in price action. The false breakout highlighted before the uptrend suggests potential volatility. The price is currently testing the previous resistance around $1.05. If the uptrend sustains, a potential target could be around $2.17, representing a possible 106% gain from the breakout point. However, traders should remain cautious of a potential pullback to retest lower support levels.
SUI/USDT Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
SUI has shown a 140% gain from its lower support, breaking above the bearish channel. The price is now above the 35 EMA resistance, and it is likely to reach the upper resistance soon.
SUI has the potential to hit as high as $10 if the market favors the bulls.
- Accumulation: Any price range between $0.5 and CMP.
- Resistance: $2.4.
- Higher Targets: $8-$10.
DYOR, NFA.
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#SUI #Crypto #Altseason
Is SUI Ready for 2X Pump? I have been keeping tabs on BINANCE:SUIUSDT for some days.
Right now, it is not a bad idea to buy SUI on the spot market and hold it for 50-100% profits.
If you have some spare stablecoins, you might want to have a closer look at this coin.
Manage your risk appropriately.
What are your thoughts about this analysis? Share them with me in the comment box.
If this analysis makes sense to you, support my idea and follow me now for more.
What is the reason for the rapid growth of the SUI price?The mentions of CRYPTOCAP:SUI in social networks have increased by 8 times.
1️⃣ Did the #SUI team make an ultra-revolutionary breakthrough in the crypto world?
2️⃣ Or did they just allocate a large marketing budget for "crypto influencers"?)
Now, OKX:SUIUSDT price has reached a strong mirror level.
1️⃣ "Natural" growth should have occurred according to the red scenario (growth-correction-growth).
2️⃣ And the information drive into the project for "new buyer hamsters" and pamping, because "tomorrow will be more expensive," may continue for a little while longer.
But there are many levels ahead, where there will be plenty of people willing to get out of CRYPTOCAP:SUI to "zero" after sitting in a drawdown for almost a year.
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#SUI/USDT#SUI
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.8600
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.9200
The first target is 0.970
Second goal 10.04
Third goal 11.12
#SUI/USDT#SUI
The price is moving below a strong downtrend on a 4-hour frame and is about to break to the upside after being tested now.
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We have a bounce from the green support area at 0.5800
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.6150
The first target is 0.6900
The second target is 0.7500
The third goal is 0.8240
#SUI/USDT#SUI
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.7060
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.7600
First target 0.8295
Second target 0.8800
Third target 0.9368
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.6200
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 0.6400
First target 0.6895
Second target 0.7200
Third target 0.7526
Sui/Usdt IdeaSUI/USDT Updates as per Members' Demand
SUI/USDT is showing significant strength, with a confirmed breakout.
However, I would not recommend entering at the current moment.
As visible on the chart, there is a notable Fair value Gap.
The price is expected to retrace to this zone, which will serve as our entry point.
We will wait for the price to reach this level for entry; otherwise, we should ignore it.
Dyor
Sui 300% pump soonWhy BINANCE:SUIUSDT can pump +300-400% soon
Read this idea and share with friends
Possible Targets and explanation idea
➡️Check IAP idea under this idea. Educational idea
➡️After initiation we are in accumulation stage. Marked green block for good entry
➡️You can start accumulate step by step from current price
➡️Idea will be invalidate if we drop lower than listing price
➡️After accumulation stage next stage is Pump to (marked take profit zone) and ATH
➡️ADZ indicator showed we are in accumulation stage by whales
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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