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SUI / TetherUS

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SUIUSDT trade ideas

SUI Surges 11% Amidst Market Volatility The cryptocurrency NYSE:SUI has experienced a notable surge of 11% in value amidst a broader decline in the crypto market. The surge can be attributed to the recent partnership between BytePlus, a subsidiary of ByteDance, and NYSE:SUI for its Web3 debut. BytePlus plans to bring its expertise in gaming and social apps to the NYSE:SUI blockchain. This collaboration allows NYSE:SUI developers to leverage BytePlus services, which will enhance content distribution, personalization, and user engagement. This partnership marks a significant entry of a tech giant into the crypto world via SUI, potentially paving the way for further adoption and development on the platform. Historical data indicates that NYSE:SUI positively responds to significant network announcements. Thus, the partnership news has spurred bullish momentum in SUI's value, and it could soon test resistance levels of around $1.50. If the bullish trend continues, NYSE:SUI 's value could reach its all-time peak of over $2.17 on March 27. However, if a pullback occurs, the support level may hold around $1.00 or even $0.79. Teaming up with a tech giant like BytePlus could be a game-changer for NYSE:SUI , ushering in new applications and broader adoption.
Long
by DEXWireNews
SUI 12$ TARGET SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12.
by bullstraders7
SUI target $1012h time frame - SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12. - Bull target: $10~$12
Long
by EthanTW
SUI is breaking up!Sui is providing a clear signal of an up trend breaking the 2$ barrier level. The overall chart is very clear and there are also increasing volumes. We dont really have a specific target, but we can follow the price as it is from 2$ and above. Sui is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures. Good trading!
Long
by EdoardoTelve
🔄 SUI Conference Trade Plan Update 📈🔍📊 Key Insights: Upcoming Event: SUI conference in Paris this week may lead to a "buy the rumor, sell the news" scenario. Price Watch: Monitoring price action within the current zone for potential indications of movement. Bullish Signals: Price closing above $1.70 could signal a move towards the top of the range and potentially into price discovery. Trade Parameters: Entry set between $1.60 to $1.73 with defined profit targets and stop loss. 📈 Updated Trade Plan: Entry: Consider entering the trade between $1.60 to $1.73, based on price action and signals. Take Profit: Target profit levels at $1.95 or $3, based on the potential move triggered by the SUI conference. Stop Loss: Set a stop loss at $1.55 to manage downside risk and protect capital. 📈🔍 Outlook: With the SUI conference expected to influence market sentiment, traders should closely monitor price movements and act accordingly. The trade plan provides clear entry, profit targets, and risk management strategies for potential opportunities presented by the event. 🚀📊 #SUI #TradeOpportunity
Long
by Richtv_official
Alikze »» SUI | Ascending cup model scenarioIn the analysis of the previous posts, we identified an upward trend followed by an inverse head and shoulders pattern. 🔰 Currently, in the daily and weekly time, it seems to have formed a cup pattern, which is currently also formed, which in case of support in the specified points and the failure of the red box will have the ability to grow up to the specified areas. Therefore, for the entry trigger, you can wait for the failure of the supply area, after which you can buy if it is confirmed and pulled back to the area. ⚠️ In addition, if the box loses the specified green color, it can invalidate this scenario. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
1