SUIUSDT trade ideas
SUIUSDT long setupNYSE:SUI update. I was looking for deviation and its playing out. Market maker will surely pump it to grab the liquidity. Just a matter of time.
sui is also ready sui coin is very close breakout bullish triangle and ready to fly. And its also in golden zone fibbonacci numbers.
Hi, I see A very good Swing trade opportunityHi, I see A very good Swing trade opportunity
Risk Reward is very good
Good luck every one
SUI S&R in T-Pattern's>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
still is soon to start next rally but it's interesting for add to watchlist.
In upside scenario SUI must pass and stablize above 1.12 in D-time frame and test 1.25 supply area's,
In this case we can entry to buying position to 1.3 - 1.4 - 1.6-1.65 - 1.88 & 2.0 usdt target's.
For this scenario T-Pattern support area's in 1.02 must saved.
Must important levels in short term marked on the chart.
support area's 0.92--0.88--0.82--0.65--0.5
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>
SUIUSDTSUIUSDT is trading in long term bearish channel and currently make a strong support at the bottom of channel with strong bullish divergence.
Will it grow from this region ?
SUIHello everyone! I would like to share my thoughts on the current market situation. Recently, I noticed a support zone and identified a descending wedge formation on the chart. For me, this is a positive signal as I can see that the support level has been successfully breached.
I have decided to take this coin on the spot as I consider it promising. However, due to the unfavorable market conditions, it has been heavily sold off. This has had a negative impact on its price.
I believe that despite the temporary difficulties, this coin has potential. Therefore, I have decided to acquire it, hoping for positive changes in the future. I will be monitoring the developments and making appropriate decisions.
SUI broke descending channel support#SUI broke descending channel support and currently retesting
use proper risk management
SUI STILL FORMINGHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
SUI/USDT As per the traders request!
SUI, is still around a strong round number acting as our support zone,
However, price is still overall bearish trading inside this channel making clean lower lows and lower highs,
So, bears are in control from a short term perspective.
Moreover, for the bulls to kick in we need a new swing high to be formed around the trendline then a break,
Then a movement higher would be exoected
Until that price is still overall bearish trading inside this channel.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
SUIThe price has broken below the lower boundary of the triangle and has fallen to the middle line of the forming descending channel. A possible scenario for price movement is a retest of the lower boundary of the triangle followed by a decline towards the lower boundary of the channel.
SUIUSDT potential short setupstarting to slow down. Potential sell off. 2 robos currently bearish with other bearish confirmations. Watch and react. Don't predict.
SUI-USDT Market Analysis: Is it a Bullish Momentum ?
The SUI-USDT trading pair is currently positioned at a robust support level ranging from 1.0148 to 1.0436.
This level has held firm, suggesting a potential bullish opportunity for traders. Technical analysis indicates that the price has the potential to climb to the resistance area of 1.112 to 1.1237. However, it's essential to monitor the price closely as it approaches this zone, as it may encounter some resistance.
If price break through the resistance zone of 1.112 to 1.1237 and sustains above this level, it could signal a further bullish trend. In such a scenario, traders may anticipate a potential target range of 1.2325 to 1.2550.
#plan your trade and trade your plan
SUI SUIUSDT Price analysis (1h)Greetings, fellow traders! In this article, we will delve into the price analysis of SUIUSDT
Consolidation and Support Level:
SUIUSDT has been exhibiting a consolidation pattern in recent trading sessions, indicating a temporary pause in the market before the next price movement. During this consolidation, the price has shown respect towards a significant support level at $1.03. The repeated bounces off this level suggest that it holds strong buying interest and could potentially act as a launchpad for an upward move.
Potential Rebound and Target Levels:
Considering the respect shown to the $1.03 support level, it is quite likely that we may witness a rebound from this level towards the descending resistance line. With target levels at $1.08, $1.09, $1.10, and $1.11. These levels represent potential resistance areas where the price might encounter selling pressure.
Risk Management and Stop Loss Order:
While a rebound from the support level is anticipated, it is essential to manage risk effectively. Please remain cautious of a potential breakout below the $1.03 support level. To protect from potential losses, it is advisable to set a stop loss order at an appropriate level below the support, ensuring that any downside movement is limited.
The Relative Strength Index (RSI) is currently showing a bullish divergence for SUI. It's important to note that this divergence is primarily visible on the 1-hour timeframe, which may not carry as strong of a signal as if it were observed on higher timeframes.
Bullish divergence occurs when the price of an asset forms lower lows while the RSI indicator forms higher lows. This suggests a potential reversal in the downward momentum and a possible upcoming price increase. However, the strength and reliability of this signal are generally more significant when observed on longer timeframes.
📣 We would love to hear your feedback in the comments section! What are your thoughts on the analysis of SUI's bullish divergence on the 1-hour timeframe? Do you agree that it may not carry as strong of a signal compared to higher timeframes?
Share your insights and experiences with us. We value your input! 🙌
SUI getting into a triple bottom.You got the 4 HR SRSI oversold
You got a triple bottom happening.
Lots of alts broke , would this one hold?
Sui Breaking down Suiusdt
Suiusdt breaking down triangle pattern incase of succesful breakdown expecting 15-25% Drop
Dyor
SUIThe price has formed a descending triangle and is currently at its lower boundary. A breakout below the lower boundary would be a bearish signal. A breakout above the upper boundary and the 200 EMA would indicate a local bullish trend.
Sui's This Week Future (1H Analysis)If it does not break the resistance due to Fibonacci, it will not rise for a while
H4 - SUIUSDT - Back to 1.35 ? Hi guys,
Sui is gaining some strength atm trying to but Higher highs in H4
If we can get some nice green candles it could send us back to the resistance area (green zone). Ifwe can flip this S/R then maybe we could reach 1.35
We need more momentum otherwise, bearish div could play out sending us lower
NFA, juste keeping an eye on it
Like if you share
SUI| Currently in a range likely to retest lower supportSUI| Currently in a range likely to retest lower support
One of the hottest new tokens around, exploded to a $000m market cap - although with great hype usually comes great sells. Currently in a pretty confined range with diminishing volume looks likely to retest the lower support in the short term although a very strong chance the upper range will be broken and a break out of the descending wedge on the CVD will happen soon.
So short term short, long term long!
SUI: Project that will earn millionsL1 blockchain in the Move language, offering a large number of innovations: removal of information from the network, single liquidity within the blockchain. The project was released on May 3 and trading on exchanges began the same day.
The nearest competitor Sui is the project Aptos, similar between themselves in many parameters, these projects in the future probably will create their own ecosystem on the model of Ethereum and Cosmos. At the moment, these two projects can be called the gems of the L1 solutions market. Speaking about the gems, read this article to the end and find most profitable ones.
Project metrics
SUI price: $ 1.18
Circulating supply: 528 273 SUI
Total supply: 10 000 000 SUI (5.28%)
Market capitalization: $620 mln
FDV (Total supply X SUI price): $11.7 bln
Given the stage of the Sui project, the most relevant metric in terms of competitive analysis, is FDV. SUI's FDV currently outperforms Matic, its closest competitor Aptos, Near and Solana. Based on this metric, we can say that right now the price for an SUI token is overheated relative to the overall market and the project currently has no fundamentals to justify such a price. Over time, unlocking the tokens should reduce the price and make it more fundamentally sound. We are much more interested in what to expect from SUI in the future, for which we will use the price dynamics of Aptos.
What to expect from SUI in the future?
In a month, SUI will fall to the level of $0.6-$0.7, which will make the overall FDV of SUI the most market balanced in relation to the state of the project
Given the high market momentum over the last 4 months, SUI will actively trade in the price range, gradually eliminating margin players on both sides
In ~60-70 days after entering the price range, only strong hands will remain in SUI who are interested in supporting and growing the ecosystem
This cohort of investors will be the driver for TVL growth, ecosystem booster and new promising projects
New projects will attract the mass investor who will start buying up SUIs and using their onchain to maximize profits
A game of burning chairs will begin, during which those users who came to the project early will earn the most
What to do now?
Wait for a local drop of SUI, who wants to open a short trade
Gain positions in the pro-trading range
Use your SUI in the ecosystem, or increase the position if you trade on the futures (Do not forget about risk management!)
Thanks for reading! We are waiting for your rockets and comments
SUIThe price is attempting to hold at the 200 EMA and the ascending trendline, which are important support levels. Two possible price movement scenarios are indicated.
