#SUI/USDT rejected from the Diagonal Trendline 2 times in 4-Hour#SUI/USDT rejected from the Diagonal Trendline 2 times in 4-Hour TF! NYSE:SUI needs to clear the Diagonal Trendline to turn bullish. #SUIUSDT's local resistance level is PML $0.885, and the local support level is PWL $0.75.Longby TraderAAG5
SUI 4H TimeframeIn a smaller timeframe, SUI has finished an ABC correction, as well as the first leg to the downside. Next is an extension targeting initially the 0.78 region. This analysis invalidate if 0.9433 high is broken.Shortby Stoic-Trader3
SUI presents a great trading opportunity.#SUI/USDT #Analysis Description --------------------------------------------------------------- + SUI has broken out and is heading towards a strong bullish trend. + This presents a great opportunity for a long trade. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.0954 Stop Loss: 0.7924 ------------------------------ Target 1: 1.1960 Target 2: 1.3515 Target 3: 1.4726 Target 4: 1.7001 Target 5: 2.2037 ------------------------------ Timeframe:1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgoLongby VectorAlgoUpdated 3
SUIUSDT.1DAs of today, the SUI/USDT pair presents an intriguing landscape in the crypto market. On the daily timeframe, we've observed a significant downtrend that has been in play since the peak in early May. The current price stands at $0.899, reflecting a recent decline indicated by the red candles dominating the chart. Key Support and Resistance Levels: Resistance 1 (R1): $1.0031 - This level previously acted as support during early June but has since transformed into a resistance zone. Resistance 2 (R2): $1.1984 - A critical high point that was last tested in late April and remains a significant upper barrier. Support 1 (S1): $0.7641 - The current chart displays this as a pivotal support level that could dictate short-term movements. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is trending below the signal line, illustrating bearish momentum. The negative histogram values further validate this sentiment. RSI: The Relative Strength Index (RSI) sits around 39, indicating a bearish momentum but not yet in the oversold territory, suggesting that there could still be room for downward movement. Analysis Conclusion: Given the prevailing market conditions, where bearish signals dominate both from price action and technical indicators, I am inclined to maintain a cautious stance. While the current support at $0.7641 may offer temporary relief, the resistance at $1.0031 and $1.1984 poses significant hurdles for any bullish recovery. Investors and traders should monitor these levels closely. A breach below the current support could lead to further declines, whereas a push above the first resistance might signal a potential shift in momentum. Always consider market news and broader economic factors that could influence price actions significantly.Longby MarsSignals2
SUIUSDT.1DIn this technical analysis of the SUI/USDT daily chart, I'll examine the latest price movements and key technical indicators to forecast potential future trends. Key Observations: Current Price and Movement: SUI/USDT is currently trading at $0.8989, showing a decline of 2.30% for the day. This suggests some bearish pressure in the recent trading session. Support and Resistance Levels: R1 (Resistance Level 1): $1.0031 - This level represents a near-term barrier that SUI needs to surpass to signal a stronger bullish momentum. R2 (Resistance Level 2): $1.1984 - A higher resistance level that could come into play if a significant uptrend develops. S1 (Support Level 1): $0.7641 - Marked as the immediate support, a crucial level to watch if the current price continues to decline. Technical Indicators: MACD (Moving Average Convergence Divergence): Currently, the MACD line is below the signal line, suggesting bearish momentum. The separation between the lines indicates that the bearish trend may still be strong. RSI (Relative Strength Index): At 39.76, the RSI is approaching oversold territory, which might indicate that SUI is becoming undervalued and could potentially see a reversal or stabilization soon. Analysis and Conclusion: The current trading dynamics for SUI/USDT indicate a bearish trend with the price nearing the support at $0.7641. The key to future price movements will be whether this support can hold. Should it fail, it may signal further declines and potentially test lower levels not marked on the chart. Conversely, if the support at $0.7641 holds strong, it could serve as a foundation for a potential rebound. Traders should watch for a reversal pattern or bullish signals from MACD and RSI as indicators of a possible shift in momentum. If a reversal occurs, SUI could attempt to break above the resistance at $1.0031, targeting the higher resistance at $1.1984. Given the RSI's approach to oversold conditions, there could be an opportunity for buyers to step in soon, particularly if other market or external factors support a bullish sentiment. However, the prevailing bearish MACD suggests that caution is warranted. In summary, traders should monitor SUI/USDT closely at the $0.7641 support level for signs of stability or a further breakdown. The interplay between the current bearish MACD and nearing oversold RSI conditions could provide interesting trade setups. As always, employing proper risk management strategies is crucial in navigating the potential volatility.by MarsSignals3
Further dropThe trend is bullish in this timeframe, but overall it is ranging. The ascending channel was broken a few hours ago, and it is ready for a pullback. This suggests that there may be a potential for a complete pullback and further drop if the pullback is confirmed.by MonoCoinSignal3
SUI LONGSui breaking the triangle expecting a bullish movement from Here. You can put sl below 0.8150. Targets will be 1.10-1.20Longby Kat-Crypto-Street10
SUI point of interestWe can see that price is getting rejected from 4hema200 If it fails to reclaim $1, we can see SUI revisiting .60 area (high volume node)by Tealstreet113
$SUI/USDT - Breakout June/July 24NYSE:SUI seems to be on the bull div on HTF, it is going to ping the 50day EMA soon and if it successfully breaks-out of that neckline it will go all the way. Keep a close eye on that .382 level this is the main resistance zone where it needs to push hard to make its way into the bull cycle! Beware, use caution and make your entries on super low lev here until BTC has finally settled and bounced off of a strong support line which is in my hypothesis 62.5 - 59 anywhere between those lines. Can happen real soon. July should give us good green market. Green trading ya'llLongby TheRevengeMaddy221
What we could expect from SUI now, Just something to watch for. a similar pattern to what we did at 0.88 is expected first touch rejection go up, go to 1.02 area maybe a bit higher then come back down to double bottom around 0.75 would be ideal!by Grey_SB1
#SUI/USDT#SUI The price is moving within a 1-hour downtrend channel and is strongly committed to it. We have a support area at 1.00 and we bounced from it at the lower border of the channel We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise Entry price is 1.028 The first goal is 1.07 Second goal 1.12 Third goal 1.16Longby CryptoAnalystSignalUpdated 117
Sui targets. Long Local Daily targets for BINANCE:SUIUSDT Possible Targets and explanation idea ➡️Global IAP model we came in to 0.38 fib level for retest! ➡️Lowest zone is 0.5 marked flag ➡️Leave liquidity! Already swept! Waiting 3rd the same signal to buy by Trade On indicator ➡️Waiting test and reaction from D order block ➡️Waiting money inflow on MP indicator (blue columns) ➡️Target will be 27 block for take profit Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Longby Crypto4light445
M Pattern watch for Short/Long at the retest of the Neckline.M pattern, at the bottom of a bearish trend, tends to signal a continuation of a bearish trend. IN line with BTC's M pattern on the smaller time frame and the potential of M pattern on the weekly for BTC I make this. I think it will be a rejection from the neckline but we have to watch for confirmations. If it is rejected from the M neckline we should also watch for a higher low around the pink trend line which would signify a return to the upside. I hope this helps you see what we're going against. Some good options here. Depending on how BTC reacts around its necklines, it could be bearish or bullish. I'm still learning but this is something I see, please don't follow it, is just for me to get feedback from those that are better. My last idea actually missed a key area and my shape was invalid because of wicks, so just bare that in mind, i am a very basic trader Shortby Grey_SB444
SUI to $1.08I'm feeling very bullish with NYSE:SUI in its current state. Looking at the hourly TF, I noticed that the last pump from the support area of 0.9310 was 31 days ago. The pump prior to that from the same price point also happened exactly 31 days before the last pump. My thesis, is that this will repeat the same swing back up to that $1.10 level. I've set my take profit 1.53% below the fib level of 38.2. My entry was at 0.92930 TP: 1.08 SL: 0.9045 Take this trade at your own risk & always remember to do your own due diligence. Good luck to both bulls&bears. Let me know your thoughts down below. Longby kaiatait2
SUI to outperform #ETH by 90%Looking for #SUI to return to ratio's that it first printed earlier in the year. Momentum structure has been gain strength for this entire down move and this current bout of strength is a sign that we can see further outperformance on these new #blockchains. Longby BallaJiUpdated 2223
SUI Inverse head & ShouldersIf it can continue and break the neckline with strength. I am looking at both targets to be hit convincingly. Nice Pattern looking for #ETH to start showing strength Than more of these smart contract platforms can get running hard as well. Don't in the Bull market Things get stupid And prices go to levels that we may have. hard time imagining today. Especially on tokens that haven't been exposed to a hype cycle before. Longby BallaJiUpdated 27
SUIUSDTSUIUSDT is in bull trend with no divergence at top making hl After HH and trendline with 0.5-0.618 fib retracementLongby Trade_WithOsamaUpdated 4
SUIUSDT Falling Wedge Formation...🔵 #SUI/USDT Falling Wedge is fully formed🧐 Time to break out of the one🚀Longby AvaSmithTrades112
Sui Trade ideaSui is creating sell side liquidity above demand zone which is giving indication of filling that demand zone. I am waiting for price to come at that demand zonen then i will open long position.Longby Thebitcoin372
SUIUSDTWe can attempt to buy SUIUSDT from specified level as 0.5 FIB , HL intact. SL , TP mention in chart.Longby SignalEdgeUpdated 224
#SUI / USDT long trade setupNYSE:SUI was dumped by its VCs after a 20% token unlock on May 9th. This created prolonged selling pressure. However, this project is a major new L1 blockchain, and this dump has actually created a good buying opportunity. NYSE:SUI is poised to recover. There is still some selling pressure, as seen in the price action, so do not expect it to go to the moon like $PEPE. That is why I set my targets relatively low. I will update if the plan is successful. My price target for the bull run for NYSE:SUI is between $8 and $10, so NYSE:SUI at $1.05 is really cheap in my opinion. This is not financial advice. Do your own research (DYOR).Longby CryptoNikkoidUpdated 8
Long position on SUIUSDT 8H / Trading SetupBINANCE:SUIUSDT COINBASE:SUIUSD Hello dear traders. Follow for more analysis and positions. Long position on SUIUSDT 8H ⏱mid-risk status: 2x - 5x Leverage ⚡️TP: 1.135 1.165 1.20 1.27 1.32 1.356 1.425 ➡️ SL: 1.028 The Alternate scenario: 🔴If the price stabilizes below the trigger zone, the setup will be cancelled.Longby CrazySUpdated 16
Alikze »» SUI | Wave 3 or short-term bullish C scenario🔍 Technical analysis: Wave 3 or short-term bullish C scenario - It has a bullish guard in the 4H time frame. - After an upswing to the 1.172 range, it has had a zigzag correction. 💎 Currently, according to the upward momentum, it can have a pullback to the broken structure (green box) to continue the upward trend. - The 1.025 area can be used as a support to continue the path. - This ascending wave can be in the form of ascending wave 3 or C in the short term. Therefore, 💎 the first target of that supply range is the 0.78 fibo range and after that the ceiling of the channel is the 1.29 range. 💎 If the upward trend continues, it can be considered as a support for the next supply area after the failure of the supply area. 💎 In addition, if the previous floor range is broken, it can invalidate the bullish scenario, in which case it should be updated. »»»«««»»»«««»»»««« 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. »»»«««»»»«««»»»««« Longby alikzeUpdated 3