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SUIUSDT trade ideas

SUI Short-Term Drop 5X SHORT—276% PotentialWe are looking at the final correction of 2024. This is an assumption but an educated one, it is based on the data (information) coming from the charts. In October, SUI produced a lower high that turned into a double-top and finally a higher high compared to March 2024. The orange line is the resistance line for the top pattern. Below this line ultra-bearish. The bearish potential remains active even above it but below it you can go in full force. Full trade-numbers below: ___ SHORT SUIUSDT Entry levels: 1) $2.25 2) $2.05 3) $1.90 Targets: 1) $1.80 2) $1.69 3) $1.56 4) $1.42 5) $1.28 6) $1.20 7) $1.03 8) $0.97 8) $0.88 Stop-loss: Adjust to your own risk tolerance Potential profits: 376% Capital allocation: 4% ___ Disclaimer: You are a human being and you are special in the sense that you have free will. You are reading this now out of your own volition. You can choose to read or not to read, you can choose to eat or not to eat. Whatever action we take is up to us. I am sharing these numbers for learning and entertainment purposes, I cannot guarantee any results. Market conditions can always change. If something goes bad, this can result in a loss. If the market moves as I see it, this can result in a win, for me... Win or loss for you will depend on what you choose. This is not financial advice. Thanks a lot for your support. Namaste.
Short
by AlanSantana
14
SUI on the Edge: Will Key Resistance Levels Spark a Breakout?BINANCE:SUIUSDT is showing critical formations on the 1-hour chart, with indicators reflecting cautious optimism. Recent closing prices indicate a moderate uptrend, but resistance levels at $2.3123, $2.3127, and $2.3424 could challenge further gains. 🔹 Support Levels: Key supports are at $2.2487, $2.2355, and $2.2231. A drop below $2.2487 may signal a bearish shift, while these levels could serve as entry points for long trades if oversold conditions arise. 🔹 EMA Insights: The 9 EMA and 20 EMA are closely aligned, suggesting consolidation. A crossover above the 20 EMA could confirm bullish momentum, but current proximity indicates trader hesitation. 🔹 MACD & RSI: The MACD remains bearish, but a convergence could signal a potential bullish shift. The RSI is neutral, hovering around 51.50, indicating balanced price action.
by StevenWalgenbach
SUIUSDT Long Setup Setting / Quick tradeBINANCE:SUIUSDT 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status🙂 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone: 1.872-2.1035 ⚡️TP: 1.9517 2.02 2.1035 🔴SL: 1.7654 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
1
Lingrid | SUIUSDT continues to CONSOLIDATE after SURGEThe price perfectly fulfills my last idea. It hit the target level. BINANCE:SUIUSDT is currently consolidating around the round number of 2.00. It may continue moving sideways, particularly after the recent fake breakout of the all-time high level formed in March. If you zoom out, you can see that the price action is forming a triangle pattern. I believe there is a possibility that the price may retest the 1.50 support level, which would be a healthy pullback that could lead toa new higher highs. Given that the market is moving sideways, I expect it to retest the recent support level from the psychological level at 2.00. My goal is support zone around 1.7450 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
5
Alikze »» SUI | Descending channel - 4H🔍 Technical analysis: Descending channel - 4H - It is moving in a descending channel in the 4-hour time frame. - Currently, the supply area is facing sales pressure. - According to the correction structure in the 4-hour time frame, if there is no ability and stabilization above the number 1.95, the correction will continue until the area of ​​1.56. - The 1.56 range can have short-term targets of 1.66 and 1.75 if it meets demand. - In addition, in case of selling pressure in the range of 1.75, the correction will extend to the green box. 💹 Support zones in the case of extension of the correction log: 1.30 - 1.23 - 1.13 💎Alternative scenario, if it can consolidate above 1.95, could have short-term targets of 2.14 and 2.34. »»»«««»»»«««»»»««« 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. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:SUIUSDT
Short
by alikze
Simple Analysis of SUI/USDT Movement Based on the ChartSimple Analysis of SUI/USDT Movement Based on the Chart The chart shows that SUI is trading near a strong ascending trendline, which increases the likelihood of an upward bounce from this level. Support and Resistance Levels: Main Support: $1.8041, which serves as a key support area for a potential price rebound. First Target: $2.2240, indicating a potential increase of 70%. Higher Potential Target: $3.0683 if the uptrend continues.
Long
by VIPROSE
$SUIUSDT : Ready for a Comeback Breakout!BINANCE:SUIUSDT is attempting to break out from resistance after a recent false breakout and subsequent retracement. With layer 1 blockchains gaining momentum, there’s potential for a significant upward move. Traders should keep an eye on key resistance levels as the price makes this push. It's crucial to manage risk effectively: always use a stop loss and only invest a small portion of your capital in any trade. This approach will help safeguard your investment while positioning you for potential gains. Follow us for more signals! BINANCE:SUIUSDT Currently trading at $2 Buy level: Above $2 Stop loss: Below $1.45 TP1: $3 TP2: $4.5 TP3: $6 TP4: $7 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
2
SUI Update (1 Minute Read)SUIUSDT stopped to rest on the weekly timeframe, this is not good. In March we saw the same and what followed was a strong correction. ➖ First there was a TOP. The start of the bearish impulse produced two red candles. One week was of rest and then a bearish continuation happened. ➖ Right now the same price pattern is repeating. We have a top, the start of a bearish impulse with two red candles and last week closed green (rest). What comes next is very likely a bearish continuation. Thank you for reading. Namaste.
Short
by AlanSantana
4
SUI, bound for SUI-PER gains soon, multiple x prospect!SUI has corrected heavily this past few weeks after touching a parabolic high at 2.0 zone. It trimmed down weightily to 0.6 area -- almost x3 from its highs. Now, SUI is hinting of a massive reversal after recent price breakout on its persistent bear channel structure. Expect some significant price recovery from the current zone of 0.80 with a possible re-tap of previous highs at around 2.0 ++. The current price point is an attractive seeding opportunity. This is a major order block where buyers will converge now. SUI visual data diagram is too tidy to be missed. The clues are obvious. Spotted at 0.80 Interim target set at 2.0 TAYOR.
Long
by JSAL
3