NYSE: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...
SUI Analysis and Signal on 4H 🔵Entry Zone 1.0369 - 1.0638 🔴SL 0.9673 🟢TP1 1.1397 🟢TP2 1.2670 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and...
NYSE:SUI is indeed a very promising project, boasting strong technology, substantial VC support, and a significant Total Value Locked (TVL). However, its tokenomics entail massive inflation, which undermines its growth potential. Nonetheless, it appears that whales have decided to defend the $1 area, resulting in a bounce back. Despite this, the recent 20% token...
#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 ...
SUI - SEI out of phase but same pumpinomics UPDATE I got the timing wrong last time but the idea is still valid imo. looks even clearer actually. that unlock was nicely timed huh.. Get your money VCs. The crowd will fund your new yacht in 3,2,1 Coinbase ventures laughing all the way to the bank. What is SUI? just another blockchain from the crypto whales that...
#SUI The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend that has been broken Entry price is 0.9090 The first target is 0.9700 The...
Sui Network ( NYSE:SUI ) has experienced a 26% increase in price over the past week due to the launch of its Mysticeti upgrade on testnet. The upgrade has pushed Sui to the top among the fastest blockchains, with the consensus latency reduced to 390ms, an 80% reduction from Narwhal-Bullshark. Sui Network is known for its high-performing blockchain protocol and is...
Current Situation: SUI has successfully flipped the previous resistance level into support, demonstrating strong bullish momentum and a healthy setup for a long position. Trade Strategy: Entry Point: Enter a long trade above $1.10. Take Profit Targets: $1.30, $1.50, $1.70 Stop Loss: Set a stop loss just below $1.01 to manage risk effectively. 📊🔍 Monitor the...
It hit an important demand and then breakout from a trigger line. If it returns to the green range, we can look for buy/long positions. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save...
In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal. We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active. Our Entry was $0.89, but Updating this now on the way to...
#SUIUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about SUIUSDT Falling wedge Breakout done ✅ Retesting completed in 12h Time ✍ Expecting massive Bullish wave 🚀
Trade Overview: SUI is currently priced at $1.0209 and has recently rebounded to a higher range of support, indicating potential bullish momentum. Trade Technical Details: Entry: Consider entering a trade between $0.90 - $1.10, leveraging the current support level and potential for further upward movement. Take Profit: Set a take profit target at $1.40 to capture...
SUI looks interesting to long I dont expect mega pump, due to strong FVG resistance on 3D timeframe All targets and SL is on the chart
Sui, one of the most highly anticipated projects, is a Layer-1 blockchain and smart contract platform that is fast, private, secure, and accessible to everyone. Anyway, it is clear there is a downtrend line, and SUI is trying to break it upward. Let's see what happens.
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 ~ 3D #SUI We See It Looks Like COINBASE:SUIUSD Will Retest This Support Block. we will make small purchases here gradually to start accumulating #SUIUSD.
If 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...
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...