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SUI / UST

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SUIUST trade ideas

SUI Under 1$ is a gift SUI is a relatively new Layer 1 blockchain, having been launched in September 2023. Despite its newness, SUI has experienced impressive growth and reached an all-time high of $2.17 in March 2024. SUI is currently available for staking on crypto exchanges like Binance, LBank, 4E, BYDFi, and OKX, allowing users to earn rewards for holding SUI. The team behind SUI is Mysten Labs, a company founded by former Facebook and Diem engineers. Mysten Labs has extensive experience in blockchain development and is highly regarded in the industry. SUI uses Move, a programming language designed to create secure and efficient decentralized applications (dApps). SUI has the potential to become the platform for many dApps in the future, including blockchain games, decentralized exchanges (DEXs), and decentralized finance (DeFi) applications. SUI's market capitalization is currently $2.3 billion, ranking 48th in overall market cap and 52nd in 24-hour trading volume. Mark believes SUI has the potential to reach a market cap of $30 billion.
Long
by fxtactix
The Argument of Unlocked Token ---- SuiIf you regularly engage in DeFi activities, Sui may be familiar to you. This is a network designed to build complex DeFi activities. Relying on a dedicated high-security wallet and Object concept to provide an environment for Dapps that are difficult to innovate on EVM. Judging from the current Defi ecosystem, Sui is undoubtedly second only to the mainnet and Arbitrum. But the price of Sui has almost halved since April. The reason for all this may be attributed to the 50% of unlocked tokens. Some on-chain detectives recently discovered that the total supply of Sui is less than 10 billion, and the number of Sui in the staked state exceeds 8 billion. However, there are 5 billion Sui on the unlocking roadmap that will be unlocked after 2030. Detectives speculate that these tokens, which will be unlocked in the future, have already been unlocked and staked by the foundation. Such behavior has brought centralized criticism to the Sui Foundation. This prompted the market to price Sui with a larger circulation volume, causing Sui to fall sharply. Because the 50% part is not in the true sense of circulation, if the foundation can give the market a satisfactory margin and correct the mistake in the future, Sui will soon be back based on its excellent ecosystem. Sui may continue to maintain a bearish trend before this time. It is also obvious from the indicator. Although Sui rebounded after the decline in early April, the TSB indicator gave a SELL signal on April 16 based on the AI algorithm. Although Sui briefly rebounded after this, it soon fell again. It can also be clearly seen from the indicator chart that when the column touches the wavy area, the bears strengthens and the decline begins. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
SUI in a very important place !!Very important range (0.950 - 1.01) $ If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523). If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target (3.5 - 3.8) $ for this coin. This is an analysis and you are responsible for your profits and losses. It's best to do your own thorough research.
by Crypto-Oracle1
📉🔄 SUI Trading Analysis 📈💡Current Situation: SUI is finding support at $1 after filling the FVG (Fill the Value Gap), indicating potential readiness for the next upward move. Price Action Strategy: If BTC weakens further this week, prepare for a possible fill of the wick at $0.885. Alternatively, if continued strength is observed, anticipate a retest of outlined resistances. Trade Setup: Entry: Trade at current support $1.15 to $1.05. Take Profit: Target $1.31 or next resistance around $1.65. Stop Loss: Set at $1 to manage risk. 📊🚀 Stay attentive to SUI's price action for trade execution! #SUITrading #CryptoAnalysis 🌐💰
Long
by Richtv_official
SUI/USDT Showing Signs to Breakout From Descending Channel👀🚀 💎Paradisers, #SUI is currently cruising within a descending channel, gathering momentum for a breakout. 💎Once it breaks out, we'll wait for a retest for confirmation before planning our trade. This retest phase often follows a breakout and provides an excellent opportunity to confirm bullish momentum. If #Sui holds support at $1.003 and continues its upward ascent, the next target lies in the resistance zone we've projected. 💎However, if #SUIUSDT struggles to maintain support and dips back into the channel, it could signal a weakening bullish trend. In this case, the price may fall further to the next significant support level at around $0.88. 💎Historically, NYSE:SUI has shown resilience by rebounding decisively from this level. If this pattern holds, a strong bounce could occur. A decisive candle close below this support will challenge the bullish outlook, indicating a shift toward a more bearish trend. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise
2
SIUE, Oy Vey!It looks like the end of lil' Siu's rampant growth is coming. This little beauty studied well and pleased the teachers with her growth, but everything comes to an end and the holidays begin - And we will witness the manifestation of her dark side - It will be a hike down the social ladder for her - swashbuckling parties of wave A, a little respite in wave B and the last fall in wave C (I'm even a little jealous). A similar thing happened to Thomas Henry (Oscar Wilde) Look at the chart, friends - I marked the ALT account in YELLOW, but GREEN movement is a priority. Since wave 3 has been extended by as wave 5, the end of the correction may come in wave 2 of (3) Green box - ist a SUGGESTION, I will update if I like :) Buuuugh ANYWAY tap da rocket if u understand thy idea or just what I wrote
Short
by zikkuratt
1
SUIUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth. Entry: Market and lower (im in pos + limit order at 0.7) Targets: 3 - 5 - 7 - 12 Longterm target zone: 10 - 15$ after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 8 risk is justified It's not financial advice. DYOR!
Long
by trytofeelpositive
5
Where is the SUI price heading?For more than 2 months, the SUIUSDT price has been showing and maintaining a strong and steady upward trend. So we have a question for you, what is your opinion on where the SUI price is headed? - according to the blue scenario, to $1.5 and from there the correction will begin in the region of $0.6 - better in the orange scenario to $2.0-2.10 and from there a correction to $0.9 Or your option, vote and write your thoughts in the comments below the idea.
by P_S_trade
6
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