SUIUSDT potential short setupstarting to slow down. Potential sell off. 2 robos currently bearish with other bearish confirmations. Watch and react. Don't predict.
SUIUST trade ideas
SUI-USDT Market Analysis: Is it a Bullish Momentum ?
The SUI-USDT trading pair is currently positioned at a robust support level ranging from 1.0148 to 1.0436.
This level has held firm, suggesting a potential bullish opportunity for traders. Technical analysis indicates that the price has the potential to climb to the resistance area of 1.112 to 1.1237. However, it's essential to monitor the price closely as it approaches this zone, as it may encounter some resistance.
If price break through the resistance zone of 1.112 to 1.1237 and sustains above this level, it could signal a further bullish trend. In such a scenario, traders may anticipate a potential target range of 1.2325 to 1.2550.
#plan your trade and trade your plan
SUI SUIUSDT Price analysis (1h)Greetings, fellow traders! In this article, we will delve into the price analysis of SUIUSDT
Consolidation and Support Level:
SUIUSDT has been exhibiting a consolidation pattern in recent trading sessions, indicating a temporary pause in the market before the next price movement. During this consolidation, the price has shown respect towards a significant support level at $1.03. The repeated bounces off this level suggest that it holds strong buying interest and could potentially act as a launchpad for an upward move.
Potential Rebound and Target Levels:
Considering the respect shown to the $1.03 support level, it is quite likely that we may witness a rebound from this level towards the descending resistance line. With target levels at $1.08, $1.09, $1.10, and $1.11. These levels represent potential resistance areas where the price might encounter selling pressure.
Risk Management and Stop Loss Order:
While a rebound from the support level is anticipated, it is essential to manage risk effectively. Please remain cautious of a potential breakout below the $1.03 support level. To protect from potential losses, it is advisable to set a stop loss order at an appropriate level below the support, ensuring that any downside movement is limited.
The Relative Strength Index (RSI) is currently showing a bullish divergence for SUI. It's important to note that this divergence is primarily visible on the 1-hour timeframe, which may not carry as strong of a signal as if it were observed on higher timeframes.
Bullish divergence occurs when the price of an asset forms lower lows while the RSI indicator forms higher lows. This suggests a potential reversal in the downward momentum and a possible upcoming price increase. However, the strength and reliability of this signal are generally more significant when observed on longer timeframes.
📣 We would love to hear your feedback in the comments section! What are your thoughts on the analysis of SUI's bullish divergence on the 1-hour timeframe? Do you agree that it may not carry as strong of a signal compared to higher timeframes?
Share your insights and experiences with us. We value your input! 🙌
SUI getting into a triple bottom.You got the 4 HR SRSI oversold
You got a triple bottom happening.
Lots of alts broke , would this one hold?
Sui Breaking down Suiusdt
Suiusdt breaking down triangle pattern incase of succesful breakdown expecting 15-25% Drop
Dyor
SUIThe price has formed a descending triangle and is currently at its lower boundary. A breakout below the lower boundary would be a bearish signal. A breakout above the upper boundary and the 200 EMA would indicate a local bullish trend.
Sui's This Week Future (1H Analysis)If it does not break the resistance due to Fibonacci, it will not rise for a while
H4 - SUIUSDT - Back to 1.35 ? Hi guys,
Sui is gaining some strength atm trying to but Higher highs in H4
If we can get some nice green candles it could send us back to the resistance area (green zone). Ifwe can flip this S/R then maybe we could reach 1.35
We need more momentum otherwise, bearish div could play out sending us lower
NFA, juste keeping an eye on it
Like if you share
SUI| Currently in a range likely to retest lower supportSUI| Currently in a range likely to retest lower support
One of the hottest new tokens around, exploded to a $000m market cap - although with great hype usually comes great sells. Currently in a pretty confined range with diminishing volume looks likely to retest the lower support in the short term although a very strong chance the upper range will be broken and a break out of the descending wedge on the CVD will happen soon.
So short term short, long term long!
SUI: Project that will earn millionsL1 blockchain in the Move language, offering a large number of innovations: removal of information from the network, single liquidity within the blockchain. The project was released on May 3 and trading on exchanges began the same day.
The nearest competitor Sui is the project Aptos, similar between themselves in many parameters, these projects in the future probably will create their own ecosystem on the model of Ethereum and Cosmos. At the moment, these two projects can be called the gems of the L1 solutions market. Speaking about the gems, read this article to the end and find most profitable ones.
Project metrics
SUI price: $ 1.18
Circulating supply: 528 273 SUI
Total supply: 10 000 000 SUI (5.28%)
Market capitalization: $620 mln
FDV (Total supply X SUI price): $11.7 bln
Given the stage of the Sui project, the most relevant metric in terms of competitive analysis, is FDV. SUI's FDV currently outperforms Matic, its closest competitor Aptos, Near and Solana. Based on this metric, we can say that right now the price for an SUI token is overheated relative to the overall market and the project currently has no fundamentals to justify such a price. Over time, unlocking the tokens should reduce the price and make it more fundamentally sound. We are much more interested in what to expect from SUI in the future, for which we will use the price dynamics of Aptos.
What to expect from SUI in the future?
In a month, SUI will fall to the level of $0.6-$0.7, which will make the overall FDV of SUI the most market balanced in relation to the state of the project
Given the high market momentum over the last 4 months, SUI will actively trade in the price range, gradually eliminating margin players on both sides
In ~60-70 days after entering the price range, only strong hands will remain in SUI who are interested in supporting and growing the ecosystem
This cohort of investors will be the driver for TVL growth, ecosystem booster and new promising projects
New projects will attract the mass investor who will start buying up SUIs and using their onchain to maximize profits
A game of burning chairs will begin, during which those users who came to the project early will earn the most
What to do now?
Wait for a local drop of SUI, who wants to open a short trade
Gain positions in the pro-trading range
Use your SUI in the ecosystem, or increase the position if you trade on the futures (Do not forget about risk management!)
Thanks for reading! We are waiting for your rockets and comments
SUIThe price is attempting to hold at the 200 EMA and the ascending trendline, which are important support levels. Two possible price movement scenarios are indicated.
sui long setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
SUI short at midrangeentry: at supplyzone
target: lower range
action: seen weak price action in this supply zone, with stoch almost reaching overbought area in 1hr
Sui/usdt planSuiusdt
Hourly time-frame confirm head & shoulders pettern breakout retest in process I am expecting bouce from the retest zone towards next resistance after that we have to watch carefully trendline resistance if sui manage to break the above resistance we can expect a another bullish move
Dyor
SUI SUIUSDT Price analysis (1h)Hello dear TradingView community!
While the article was being written, the price of SUI experienced a breakout from the 1.14 level on the 1-hour timeframe , indicating a potential upward movement. This breakout suggests that SUI may continue to rise to higher levels. However, it is important to exercise caution and consider other technical indicators.
The MACD (Moving Average Convergence Divergence) indicator suggests a continuation of the upward move, supporting the potential for further price appreciation. On the other hand, the RSI (Relative Strength Index) is showing an overbought condition, which could signal a potential reversal in price.
Considering these indicators, it is crucial to closely monitor the market and observe whether there is strong demand to support SUI's price at these levels for the long term. Traders and investors should keep a watchful eye on any signs of a price reversal or a potential correction.
Remember that technical indicators provide insights, but they are not foolproof. It is recommended to conduct thorough analysis, consider multiple indicators, and evaluate market conditions before making any investment decisions.
The SUI project has emerged as a highly promising project.
Strong Financial Backing:
SUI benefits from substantial financial backing, which indicates confidence in its potential for success. Ample funding allows for the development and deployment of a robust decentralized finance (DeFi) ecosystem, setting the stage for future moves.
Innovative MOVE -Based Ecosystem:
Following the success of APT, SUI is the second hyped MOVE-based ecosystem that promises to create a thriving environment for users and developers. The MOVE protocol's centered around derivatives and price volatility.
Expanding DeFi Ecosystem and Use Cases:
With an extensive ecosystem consisting of 230 projects and 47 DeFi protocols in the pipeline, SUI demonstrates a vibrant and diverse range of applications. This breadth of development attracts users and increases the demand for SUI tokens, contributing to long-term growth potential.
Competitive Advantage over Rivals:
When compared to its closest competitor APT, SUI exhibits an advantage in terms of ecosystem vibrancy. With a higher number of DeFi protocols and a focus on building a thriving ecosystem, SUI shows potential for adoption.
Solid Fundamentals and Market Position:
SUI's strong fundamentals, including a low initial supply and involvement of market makers, contribute to a controlled token emission process. This controlled emission prevents significant price dilution and fosters price appreciation over time. Additionally, strategic partnerships, exchange listings, and community engagement enhance SUI's market position and success potential.
Investors seeking short-term opportunities in the cryptocurrency market should consider the potential of the SUI project. Its well-funded development, innovative MOVE-based ecosystem, and expanding DeFi ecosystem present promising prospects for sustainable growth.
However, it is crucial for investors to conduct thorough due diligence, understand associated risks, and make decisions based on their own risk tolerance.
Please let us know your feedback and thoughts in the comments section below. We value your input and would appreciate hearing your perspective on the potential of the SUI project as an investment opportunity. Feel free to share your insights, questions, or any additional information that could contribute to the discussion. We look forward to engaging with you!
SUIUSDT LONG IdeaDisclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
SUIThe price is attempting to consolidate above $1.1. The indicated descending trendline is a key resistance level. A breakout above the trendline would be a signal of the beginning of an uptrend.
$SUI is doing down to 0.984I had plotted this earlier.. it's heading to 0.984. It has lost it's momentum while everyone is on other meme coins n EURONEXT:ORDI
#SUIUSDT - CURRENT PARITY FORECAST #SUI ##SuiCommunity #suipadFirst of all, the chart didn't quite fit. It's my own guess. It is not investment advice. If the market goes down, there is a pullback to 0.60 among the options. If I see 5 billion market cap, I will sell my sui. Good luck.
SUIUSDTHello there,
*Mars Signals Team wishes you high profits*
This is a 4-hour-time frame analysis for SUIUSDT
On the top, there is R1 is the resistance area which mentions that the price was not able to rise at different points. And ultimately, S1 is our support area of this chart that obviously contains the support of price variously. As we see in the past, the price trend faced a noticeable rise up to higher amounts and by several rejections and disabilities in order to rise, it could not be supported anymore and continued its falling trend down to areas such as S1. There we had he fluctuation of price in a neutral channel between R1 and S1 and by the last touch at the resistance area, a negative Marubozu Candle was formed and made the price to be unsuccessful at rising again. Hence we have the price fluctuating in a neutral channel between R1 and S1 areas and we should wait for the price to leave this channel and then have a precise prediction via considering the signs and market situation. So we predict the price to receive some support at S1 and by providing us some rising signs, more increase would take place then. Or even by rising over R1 and giving us more fixation there, more rise would definitely happen at that time. Also when the price loses the support and falls below S1, more decline might happen to lower mounts. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you success
SUIUSDT 1H CHARTDisclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
SasanSeifi 💁♂️SUI/USDT 15 MIN ⏭ 1.35 /1.36 HI TRADERS ✌The possible scenario of SUI/USDT is specified. As you can see, the price is currently trading in the 1.30 range.A scenario we can consider is that after a minor correction the price will grow again to the supply area.
Keep in mind that maintaining the support range of 1.26 / 1.23 is important for a positive trend
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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