SUI/USDT Daily Chart Analysis – Rising Wedge Breakdown & Demand SUI/USDT Daily Chart Analysis – Rising Wedge Breakdown & Demand Retest in Sight
The daily chart of SUI/USDT shows a clear rising wedge pattern, typically a bearish continuation formation, which now appears to be breaking down. Price has recently been rejected from a major supply zone between $4.15 – $4.40, where historical resistance caused a reversal.
The break below the lower trendline of the wedge suggests that bullish momentum is weakening. Volume also shows a notable decline during the wedge formation and a spike on the breakdown, adding confirmation to the bearish signal.
Currently, price is approaching the first key demand zone around $3.55 – $3.70, which is also the previous breakout level and may act as initial support. A clean retest and strong reaction here could offer a short-term bounce.
Below that, a stronger “LONG IDEA” demand zone sits between $3.20 – $3.40, marked by previous consolidation and structural resistance turned support. This area represents a potential long entry zone for swing traders seeking a better risk/reward setup.
The lower green zone, labeled “SUPPORT” around $2.70 – $3.00, serves as a deeper fallback level in case of continued selling pressure.
SUIUST trade ideas
SUI/USDT: Key Support Test Within Ascending ChannelThe SUI/USDT market recently retested the $4.00 resistance after an extended period of ranging and has since slipped toward the lower boundary of its ascending channel. The price is now approaching the $3.50 support zone, a critical area that may spark a bullish rebound and continuation of the current structure.
The trend remains defined by higher lows, with price action contained within the upward-sloping channel. A strong reaction near the blue trendline support could pave the way for a move toward the $4.50 resistance
SUI in a possilbe "Complex Wyckoff Reaccumulation" We could be in a complex reaccumulation bouncing around between $3.85 and $4.08, as a temporary situtation before a longer elliote wave 5 up to the $4.50 range.
Market makers might be testing out both sides of the range to shake out weak hands.
Multiple Fakeouts or Upward Thrusts (UT) are happenign with all the over-eager buyers; these false breakouts trap breakout traders.
We are seeing Multiple Spring s: where price dips below support to stop folks out before reversing.
SUI Update!📈 SUI Daily Timeframe Update
A week ago, SUI broke out above its resistance trendline, soaring to $4.30 🚀. Right now, it's retesting the support zone between $3.30 – $3.60 🔄.
📊 What’s next?
If the support holds, we could see a strong rebound 🟢 — aiming for the all-time high of $5.35, or even higher 🎯.
⚠️ Bearish Scenario:
A breakdown below the support zone on higher timeframes could shift the trend 🔻.
🔐 Stay cautious and trade safely! 🛡️💹
SUI Scalp Long Setup – Low Leverage | High RR Trade Idea🔹 SUI Scalp Long Setup – Low Leverage | High RR Trade Idea 🚀
🟢 Entry: CMP $4
📉 Leverage: Low (Recommended)
🎯 Targets:
• TP1 – $4.0400
• TP2 – $4.0800
• TP3 – $4.1200
• TP4 – $4.2000
• TP5 – $4.2800
• TP6 – $4.3600
🔻 Stop Loss: 1hr or 2hr candle close below $3.9200
⚠️ Risk & Disclaimer:
This is a short-term scalp trade setup based on current market structure and price action.
• Use strict risk management.
• Trade with capital you can afford to lose.
• Not Financial Advice – Always DYOR (Do Your Own Research).
• Market conditions can change quickly – stay alert.
SUI Set for a 30% Move? Key Trade Setup InsideSUI/USDT is displaying a strong bullish recovery pattern on the daily chart. The pair has formed a textbook V-shaped reversal, bouncing sharply from the Support Level 2 at $1.7169. The trend has shifted from bearish to bullish, supported by the Auto Trend Line indicator which confirms the uptrend.
🔵 Bullish Structure Highlights
• Price has broken above the intermediate Support Level at $3.1691, converting it into a potential support zone.
• Current price action is hovering around $4.01, with bullish momentum aiming toward the ATH Resistance at $5.38.
• The sharp upward leg is part of a clear V-shaped recovery, suggesting a continuation toward previous highs.
🟢 Trade Setup (Bullish Swing Trade)
Trade Element Level (USD)
Entry Zone $3.73 – $4.01
Stop Loss $3.71
Take Profit $5.38
Risk:Reward ~4.6 R:R (approx.)
📌 Rationale
• The price is approaching a key psychological level and former resistance zone at $5.38, making it a logical profit target.
• A tight stop-loss at $3.71, just below recent consolidation, helps manage downside risk.
• The trend structure supports a bullish continuation pattern, likely driven by breakout traders.
⚠️ Risk Consideration
• If price closes below $3.71, the bullish structure may break down, invalidating the setup.
• Traders should always assess market conditions and manage leverage appropriately.
Wyckoff Cycle - Practical Example (SUI)Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst.
I find the SUI daily chart to be intriguing as it appears to be following the famous Wyckoff Cycle.
I would like to apply Richard Wyckoff's four market stages/phases to this chart for analysis as a practical example.
1️⃣ Accumulation
SUI rejected the $0.50 round number and entered an accumulation phase, consolidating for several months.
2️⃣ MarkUp
After breaking above the accumulation range at $1, SUI kicked off the markup phase.
3️⃣ Distribution
SUI found resistance at the $5.50 round number, with the lower bound of its range near $4—forming a wide distribution phase.
4️⃣ MarkDown
Once SUI broke below the $4 major low and exited the distribution zone, it transitioned into the markdown phase.
🔄🔄🔄🔄🔄⬇️
1️⃣ Accumulation
After finding support around the $2 round number, SUI hovered within a range, forming another accumulation phase.
2️⃣ MarkUp
We're here 🙂 This week, SUI broke above the $2.80 major high and the accumulation range—signaling the beginning of a new markup phase.
❓ What's next?
Will SUI continue to trade higher from here, or will this cycle play out differently?
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
#SUI/USDT#SUI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 3.82, which acts as strong support from which the price can rebound.
Entry price: 3.90
First target: 4.10
Second target: 4.32
Third target: 4.52
SUI Surfing Down to Support$4.10 is proving to be the current level of resistance.
I was really hopeful there was more runway up after reaching the $4.00 mark.
Note: This analysis is valid only if SUI falls below $4.07.
SUI is hitting resistance in the $4.00 to $4.10 range, so we may see some short-term rejection before the next move up to $4.20 and beyond.
With all of the good news regarding crypto deregulation in the U.S. and the innovation milestones at SUI, any move down toward $2.40 will likely be very short-lived.
SUI Looks Bearish (2H)From the point where we placed the red arrow on the chart, it appears that the correction in SUI has begun.
An expansionary wave structure is visible, which could potentially push SUI toward the green zone.
Targets are marked on the chart. As long as the supply zone holds, the price may move toward the targets and the green box.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SUI ANALYSIS📊 #SUI Analysis
✅There is a formation of Descending Channel Pattern in daily time frame in #SUI .
Also there is a perfect breakout and retest. Now we can expect a bullish move. If the price successful retest the major support zone then we will see more bullish move
👀Current Price: $3.89
🎯 Target Price : $4.25
⚡️What to do ?
👀Keep an eye on #SUI price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#SUI #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
SUI/USDT: From Base Building to BreakoutSUI’s daily chart embodies textbook base‐and‐breakout dynamics. Having bottomed near $1.91, reclaimed key demand at $2.28, and smashed through successive dynamic resistances, the chart now projects a clear path toward prior supply at $4.60 and beyond. That said, every breakout merits healthy skepticism: a retest of the $3.35–3.60 zone—and its ability to hold—will be the acid test of true strength.
Next Steps for the Trader/Investor: monitor volume and price action in the coming sessions, be ready to buy on a clean retest, and manage risk tightly below invalidation levels. If SUI can sustain above $4.00 and flip former resistance into support, we may be witnessing the dawn of its next up-cycle.
#SUI/USDT#SUI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 3.35, which acts as strong support from which the price can rebound.
Entry price: 3.43
First target: 3.62
Second target: 3.80
Third target: 4.00
SUI all aboard...!!! The SUI train is leaving the station!Looks like retracement wave 4 has finished around $3.12, and we are now in wave 5. Wave 3 can never be the shortest of waves 1, 3, and 5. But wave 5 is often 0.618 or 1.0 times the length of wave 1 or wave 3.
Today, a bullish announcement that U.S. banks can legally custody crypto for clients was made.
I think this is the catalyst that will cause wave 5 to be almost as big as wave 3.
Also BTC at the time of this writing is 99K+ and nearing the psychological milestone of 100k!
The SUI train has left the station!
SUI – Long Trade Setup After Trend ReversalSUI has broken out of its downtrend, hitting all prior upside targets and now pulling back toward a key support area and the 200-day EMA, potentially forming a higher low—an ideal spot for re-entry.
🔹 Entry Zone:
Around $2.80
🎯 Take Profit Targets:
🥇 $3.40 – $3.60
🥈 $4.00 – $4.20
🥉 $5.00 – $5.20
🛑 Stop Loss:
Daily close below $2.20
📌 Strategy Notes:
Look for bullish confirmation (e.g., wick rejections, bullish engulfing candle) near $2.80
Structure remains intact as long as price holds above $2.20
EMA retests often precede strong continuation if trend strength remains