SUI/USDTSUI held daily support structure. Uptrend nice and healthy. No large correction coming. Market makers did a bit of liq hunting below daily support. Nice entries there who ever bought!
SUIUST trade ideas
$SUI Macro chartHello there,
Today we are looking at NYSE:SUI , it is doing a great numbers and growing fast with a hugee VC behind it.
📍 Buy Zone: $0.6-$0.8
🎯 Target 1 - $1.27
🎯 Target 2 - $1.48
🎯 Target 3 - $2.18
🎯 Macro Target - $3.3
Bull Market Top / Optimistic Scenario : $7-10 🏁
Comprehensive SUI/USDT TA: Projected Upswings and Potential Corr"Comprehensive SUI/USDT Technical Analysis: Projected Upswings and Potential Corrections 📉📈"
This technical analysis on the SUI/USDT daily chart identifies an upward channel with anticipated swings and retracements, giving traders a roadmap for navigating future price action. Historical analysis shows SUI's tendency for sharp upward moves, reaching gains over 400%, followed by significant corrections. The 50 EMA and 200 EMA lines continue to act as dynamic support and resistance levels. Key resistance zones around 3.56 and a potential peak near 5.24 are highlighted, with green arrows marking possible retracement areas. This analysis aims to guide traders in timing entries and exits, based on projected movement within the channel, for strategic positioning in the SUI/USDT market.
SUI Price Action Signals Mixed MomentumBINANCE:SUIUSDT is currently experiencing a pivotal moment on the 1-hour chart, as recent price action indicates a consolidation phase amid key support and resistance levels. The latest analysis reveals a decline from $3.0683 to $2.9465, suggesting a general downtrend. However, a slight uptick in the final closing price hints at a potential minor rebound if support holds near $2.9461.
The exponential moving averages (EMAs) reflect a prevailing bearish sentiment, with the 9-period EMA positioned below the 20-period EMA. This trend suggests a continued short-term downtrend, although a close above the $3.0389 resistance level could signal a more optimistic outlook.
The MACD indicator shows a struggle for bullish momentum, with the MACD line remaining below its signal line. Recent attempts by bulls to reverse the downward trend have resulted in weak buying pressure, indicating that traders should watch for any significant divergence that may signal a shift in momentum.
Currently, the RSI hovers in a neutral zone, suggesting that SUI is neither overbought nor oversold. A continued decline towards 30 could attract buying interest, while a push beyond 50 may support a bullish move towards resistance levels.
For traders considering a long position, potential entry points near the $2.9461 support could be promising, with targets around $3.0389 or $3.0441. Conversely, short trades may find entry around the $3.0389 resistance if bearish signals strengthen.
SUIUSDT the road map for Short and Long position of suiusdt. the long term trend is upward but maybe it has a correction move to 2.622 and again start to rise
Sui idea I think sui it’s going to get trimmed at top of channel . Very nice run so far . I sold to early too bad . I think sui retraces here a small pullback as rsi is overbought on the 4 hour and hitting top of channel bulls might not have enough momentum to break above it for now . Not shorting but will but the pull back
SUI Retest Signals Potential 62% Surge: $4 Target in SightSUI/USDT trading pair, indicating a potential bullish scenario. The chart suggests that SUI has already broken past its previous all-time high (ATH) and is currently looking to retest a fair value gap (FVG) or a significant demand zone. This zone, marked in green, acts as a key support level where buyers may re-enter the market.
The price projection outlined in the chart anticipates a retracement towards the FVG/demand zone before resuming its upward momentum. If SUI tests this zone and shows bullish price action—such as forming reversal patterns or strong bullish candles—it would confirm buyer interest and set the stage for a strong rally.
The white projected path indicates that, following a successful retest, SUI could continue its upward trajectory toward the $4.00 target level. The analysis points to a potential gain of around 62.22%, signaling significant upside if the bullish scenario plays out. Traders should watch for confirmation of support and buying volume at the FVG or demand zone before entering long positions to ensure the continuation of the bullish trend.
The Banana Zone Series - SUI Buy the Dip Levels (6 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with SUI.
As you can see in my analysis, pull backs to $2.57 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $2.79 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
#SUI reaches the stage resistance zone📊#SUI reaches the stage resistance zone ✔️
🧠From a structural point of view, after we break through the neckline resistance zone at the daily level, the neckline resistance zone turns into a support zone, and a new bullish structure is established. We have now reached the stage resistance zone, and we need to be alert to the occurrence of a pullback.
➡️The overall trend belongs to a bullish trend, so no matter how it rises, it is reasonable. The best transaction is to go long after the pullback. If the pullback does happen, then the support zone that can be paid attention to is the neckline support zone
Let's see👀
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BINANCE:SUIUSDT
SUIUSD will fly more, parabolic move to get steep aheadI expect minimum target for SUI in this bull run to be in range to 9 and above.
Kindly consider risk before investing.
If you like, do boost and share :)
SUIUSDT H1 timeframe AnalysisNote :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
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Will SUI Bounce Back? Key Indicators Suggest Potential ReversalBINANCE:SUIUSDT is currently navigating a critical phase, as highlighted in the latest 1-hour chart analysis. The market is in consolidation, with key support and resistance levels indicating potential price movements.
Recent price action shows a gradual decline from the $3.7722 resistance level, with significant zones at $3.8491 and $3.8763 acting as potential profit targets for bullish traders. Conversely, immediate support is at $3.6342, with lower levels at $3.2894 and $3.2621 presenting downside risks.
Technical indicators reveal a bearish trend, with the 9 EMA consistently below the 20 EMA and a growing negative divergence in the MACD histogram. However, the RSI suggests the asset is nearing oversold conditions, which could lead to a temporary reversal.
Traders should consider a breakout above $3.7722 for long positions, while a breakdown below $3.6342 may signal short opportunities. Vigilance and strategic stop-losses are essential in this volatile environment.
SUIUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
A SUI Recovery status!Hey SUI is breaking up the 1$ level, which is an important psychological barrier.
A good chart pattern were formed and overall, the market is turning positive...
Let's assume that the BTC Bias remain positive, where could we see this price?
we have some ideas, around 1.24$ - 1.5$ as first and second target.
But if we count the waves, we could see the 3rd wave ranging around 2.5$! wow!
What do you think about?
Good trading!
Nice Parallel Channel for Trading SUI, ScalpingCRYPTOCAP:SUI #SUI #SUIUSDT #SUIUSD SUI has a nice parallel channel to do scalping. The channel actually comes from way back.
SUIUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Will SUI keep up the trend after a new ATH?The SUI price has launched a fresh bullish attack as the bears seem to remain off-the-track for a while. The rise in the buying volume and pressure suggests the token is expected to maintain a strong ascending trend, even after breaching above the resistance of the rising expanding channel. Now that the token has found fresh highs around $3.3, the next pitstop could be around $3.5 which may just be a matter of time.
The SUI price has experienced a massive rise in volume, which soared from levels below a billion to as high as $3.6 billion in just a couple of days. This huge influx of trading interest suggests the potential increase in the price, which could push the price beyond the interim highs. However, the bears are not expected to hinder the progress of the rally, and hence the SUI price rally is believed to follow the market sentiments until the end of 2024.
SUI - Target $4SUI is going great. First target could be around $4 before a pullback to retest break out. Pullback could be back to $2,22.
SUIUSDT Further Bullish TrendThe market is making higher highs pushing the price up to 4$ level.
It hit the $3 resistance level and it can pullback from there.
The correction to support level and 38.2% Fibo retracement level might give a buying opportunity.
SUIUSDT jump
📈 SUIUSDT Trend Analysis 🚀
Looks like SUI just broke through a major resistance level at $1.9740! 🔥 This breakout could signal a bullish continuation 📈, especially if it holds above this level. The next profit targets are marked around $4.4444 and $7.7002 💰 – good spots for traders to consider locking in profits.
📝 Key Tips:
Follow the trend as long as support holds.
Stick to money management rules to protect your gains 🛡️.
Let’s see if SUI can reach those higher levels! 🤑💪
tired of climbing short small tf only a little possible retracement to let the other ride for the next all time High
update(Long-term analysis)The price has reached the ceiling of its long-term channel/ if it exits from the first channel, the price will have the potential to grow up to the ceiling of the second channel over time and with the usual fluctuations of the market
$SUI WARNING: pump then dumpNYSE:SUI is experiencing a significant pump due to BlackRock's announcement of a specific NYSE:SUI trust fund. However, on August 3rd (and on the 3rd of every month until January 2025), NYSE:SUI will undergo a large token unlock for their Series B and C investors.
The concern is that there was no immediate impact from this token unlock, suggesting that the VCs may be waiting for retail investors to FOMO into NYSE:SUI following the BlackRock announcement before they dump their coins.
Once the FOMO cools down, it's likely that the VCs will sell, which could cause the price to drop.
NYSE:SUI is currently in a downtrend, forming a falling wedge pattern due to the monthly token unlocks that began in July 2024. The upcoming inflation will be difficult for the market to absorb. The token unlocks will slow down in January 2025.
DYOR
