Dont Be Bullish At The Resistance 👉 Clear Bull Flag Formed At The Chart And Currently The Price Playing Below The Resistance Line, This Time I Don’t Think About a Breakout And One More Leg Down To The 0.675$ Is a Next Action I Expect
SUIUSDT trade ideas
SUITrying this, BTC has filled the FVG on the daily and is finding support.
With positive CPI news this morning, I think the sell-off is manipulation.
SUIUSDT - LONG [Daily Signal]Fantastic long opportunity with x2-3 expectation. Elongated accumulation stage with strong bullish divergence leaves us no choice but to open a position.
Stay tuned.
SUI: Weak MomentumSUI is trading near $0.9138, after a pullback from a high of $0.9865. The price is testing support near the lower Bollinger Band ($0.9023), following a cooldown after the recent spike in activity. Sui recorded 41 million transactions in 24 hours, surpassing Solana, showcasing growing interest and network utility.
Bollinger Bands and Price Compression
The Bollinger Bands are tightening, with the basis at $0.9339 and the upper band at $0.9655, signaling reduced volatility. A break below the lower band ($0.9022) could trigger further declines, while a reclaim of $0.9339 might lead to a recovery.
RSI and Stochastic: Oversold Conditions
The RSI is at 41.69, showing weak momentum, but the Stochastic Oscillator is deep in oversold territory, suggesting a potential short-term bounce if buyers return.
MACD Bearish, But Flattening
The MACD histogram (-0.0029) remains negative, but the lines are converging, indicating that bearish momentum might be weakening. A bullish crossover could signal a reversal, especially with ongoing positive developments, including recent institutional inflows and network upgrades.
On-Balance Volume (OBV) Decline
The OBV has dropped by -97.42M, indicating sustained selling pressure. However, the Sui blockchain has seen $310 million in inflows recently, suggesting a longer-term bullish outlook.
Support and Resistance Levels
Support: $0.9023 (Lower BB), $0.8800 (psychological level)
Resistance: $0.9339 (BB Basis), $0.9655 (Upper BB)
Short-Term Outlook
SUI is at a critical point near support. If $0.9022 breaks, further downside toward $0.8800 could unfold. However, with oversold conditions, a short-term bounce is possible, especially with Sui’s role as the official partner of Korea Blockchain Week, boosting its visibility and adoption. Watch for a move above $0.9339 as a sign of recovery.
SUI 4H Long#SUIUSDT 4H ANALYSIS
Direction: #LONG
Leverage: 3x
Entry Area: Around 0.8333
Target Area:
1: 0.9398
2: 1.0696
3: 1.2089
Stoploss: 0.7047
Will SUI Finally Break Out or Is Another Downside Coming?Yello, Paradisers! Are we on the verge of a bullish breakout or just another fakeout for #SUIUSDT? Let’s dive into the key levels that will decide where this one’s heading next! 👀
💎#SUI has been trending inside a descending channel, which usually signals bearish momentum. However, there's an intriguing shift happening—the price is forming a rounded bottom, suggesting we could be on the cusp of a trend reversal.
💎Currently, SUIUSDT faces crucial resistance between $0.842 and $0.856. This zone is pivotal for bulls to break through if they want to fuel a larger bullish move. If the price successfully clears the $0.856 mark, we could see SUI push toward the minor resistance at $0.927, with the next key target between $0.96 and $1. This region poses significant resistance and could trigger heavy profit-taking, possibly halting further upside momentum.
💎On the downside, SUIUSDT has been highly reactive to the EMA-50, which is holding as primary support around $0.817. Below that, we see additional minor support at $0.76, which could limit any deeper declines if the bears regain control.
Paradisers, strive for consistency, not quick profits. Make sure to remain patient and wait for the best, high-probability setups to emerge before taking action.
MyCryptoParadise
iFeel the success🌴
SUI - Bullish times ahead?
SUI has been seeing very bullish action as of late. On the very long timeframe SUI has formed a possible double bottom with an almost full retrace of the last wave up. Creating a possible Low, Higher High and Higher Low structure on a macro-level (see pic1).
When we zoom into the current view, we are holding the range after forming the first higher high on the daily timeframe in weeks. Right now, we are consolidating and probably creating a W-structure with a first broad target between 1.20-1.40$ after price successfully breaks the 1.12$ price (see pic2).
Finally, SUI’s price is also moving within a downward parallel channel after a major pump, meaning this can be considered a Bull Flag (Bullish) (see pic3).
P.S. This is my first post to try things out, sorry if it is still a bit rough around the edges.
Zeddit
SUIUSDT - Long IdeaIn Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure.
So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line)
Thanks you and have a nice trading week! LFG!
SUI/USDT SUI presenting a large full-reset harmonic structure and appears to be type II'ing with a higher low off the reaction. I think its possible to strategise a decent risk/reward position here with a stop loss below the recent low. Worth bearing in mind the current trend for the sector is bearish so trade carefully.
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
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SUI might become BULLISH!!Following an almost complete cup and handle pattern. If following candles are able to complete the handle section and break the resistance upward, then a 17% bullish signal should be expected.
NB: This are just my idea. DYOR
SUI - CRYPTO LONGLooking at how much the market has dropped, the SUI coin is still holding up quite well. This means there is volume, and it is being supported. Why?
In my opinion, they are going to push it up. If the market stabilizes and stops falling, we could see growth. I have indicated the optimal target on the chart.
SUI - Short (wake me up when September ends)A Double top and range break below the neckline of the M pattern.
looking to short this.
Entry CMP (0.77)
TP - 0.65, 0.59
Trade Setup: SUI Long Position (Support Breakout) Market Context: SUI has broken above the prior support level from August and is showing strength by not fully retracing. This breakout provides a promising opportunity for a long trade.
Trade Setup:
Entry: Long spot position around $0.79.
Take Profit:
First target: $0.88
Second target: $1.00
Final target: $1.155
Stop Loss: $0.71
📊 This setup capitalizes on the breakout, with multiple profit targets to capture gains, and a stop loss to manage downside risk. #SUI #CryptoTrading #Breakout
#SUI Long Trade Setup #SUI Trade setup
waiting for breakout of 0.8430 level and make it support then we can do scalp long with easy invalidation below the support
Alikze »» SUI | Daily FVG gap🔍 Technical analysis: Daily FVG gap
- According to the analysis presented in the previous post, after creating demand in the green box area, it grew to the supply area.
- Currently, according to the structure formed in the supply area, a twin roof with a shorter roof is observed.
- But in the 8H time frame, it is moving in a descending channel. Demand has also been met at the bottom of the channel.
- Therefore, according to the FVG gap in the 1D time frame, if the selling pressure continues, it can make a correction to the green box area and retest it to fill the gap.
💎 Alternative scenario: also, if he can break the middle of the channel upwards, he can retest the supply area again.
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BINANCE:SUIUSDT
SUI Diamond Pattern Formation will Break to Downside (SHORT)I am Seeing a price crash and "V-Shape" recovery in the cards for the SUI price chart. Diamond pattern formation will break to the downside for a measured move down to the 1.618 fib extension. Fed emergency rate cut will reverse the markets back upwards into the US Elections.
Lower buy target @ or around 0.272
SUI set for 25% gainsSUI is set for a breakout. An entry from the breakout level could see 25% if price hits $1. Volume is looking good. RSI overbought is still good, meaning more traders are buying.
SUI Upside AnalysisAfter completing 5 waves down, bulls came back to the game and pushed an impulsive wave to the upside, which I'm labeling as 1/A.
The correction for wave 2/B is pretty straightforward, and I expect the yellow zone to offer support for another leg to the upside.
Targets can be set after we get a clear definition of wave 2.
SUI buy/long setupThe structure of SUI has changed to bullish with recent pump and CH.
We are looking for discount ranges for buy/long positions.
The green range is a valuable discount range.
We are looking for buy/long positions in the Demand range.
Closing a daily candle below the invlidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bullish Wolfe wave As you can see We've a bullish Wolfe Wave pattern that's nearly complete, and it looks like we're about to see an upward move.
sui sui sui - - - o o o i think sui either goes nuts here or we get a swift move to the downside as longs expecting a move close
likely quick bounce from 0.6/7 level
the duck walked up to the lemonade stand
and her suede leather boots looked great in tan
hey, bum bum bum, nice ass too
