SUI has a market cap of $1.71 Billion and is ranked 61st in the CMC. The current volume-to-market cap ratio for the asset price suggests a consolidation in the trend. It is currently trading near the value of $1.33, with a drop of 2.45% in the intraday session.
The asset price has recently given a breakdown below the upside parallel channel. If this trend...
SUI is a layer 1 platform which is designed to support the needs and demands for scaling any project. It has a strong technical foundations and uses MOVE language to improve the inefficiencies in the blockchain protocol. The security of MOVE increases productivity and fosters an era of experimentation. It has a similar throughput and latency as compared to web 2...
💎 SUI has formed a Cup & Handle pattern with a bullish market structure, enhancing the likelihood of a bullish continuation.
💎 If SUIUSDT successfully breaks above the resistance level, it would validate the pattern and signal potential targets towards subsequent resistance levels.
💎 In the event of a pullback, a bounce from the bullish Order Block (OB) is...
On 4h TF
SUI's broken and closed above previous ATH $1.45 now it's pulling back to $1.2 - 1.3
This zone is a confluence by Golden Ratio and Hidden Trend Line
Wait for rejection to join next bullish
Time will tell
NYSE:SUI Chart Update
SUI breaking to new all-time highs!
▪️ Hitting higher highs
▪️ Broke previous ATH
▪️ New price discovery underway
Bullish as long as over $1.30 support (red trendline).
Price over $1.30 keeps the outlook strongly bullish. Let's see how high #SUI can run!
- New ATH
- Bullish while over $1.30
- Under $1.30 risks bear trend
#SUI / D1 :
Sui is trading inside a rising wedge and it is repeatedly testing its resistance trendline. If the resistance gets broken, Expecting a 40% bullish rally as per textbook pattern target.
Also, Rising wedges mostly tend to break upwards during bull markets.
SUI/USDT LONG SETUP
Entry - 0.55-0.60$
SL - 0.50$
Sui is a Solana kille
The setup forming currently looks amazing
Huge base building on a daily timeframe
Sui if entered at a great discount can easily fetch 50% in a month because it's getting ready for an impulsive move
sui token has come near the resistance zone of 0.6600, we can expect price to come downward as the parallel channel was broken and can act now as a resistance zone.
Longing SUIUSDT here
SL: 5%
TP: 10%
~ flipping resistance into support
~ Sweeping lows on higher timeframe
~ breaking out of Ascending triangle pattern
BINANCE:SUIUSDT.P
Let's get long on SUI
1.) Swing pull back over
2.) Good reaction from flip zone
3.) Entry points 0.65 to 0.62 (enter with 1 - 1% of your capital in 3 parts )
4.) Use not more than 3% of your capital 👍
High risk involved because of SL is at lowest❌
SUI/USDT Technical Analysis: Buying Opportunity, Anticipated Price Bounce, and Potential Liquidity Sweep
SUI/USDT presents a compelling buying opportunity within the range of 6300-6400. This price zone serves as an attractive area for market participants looking to accumulate positions. Timing is crucial to capture potential upside movements.
Based on our...
💎 Paradisers, get ready for a potential market shakeup! SUI/USDT is currently nestled at the 0.618 level of the Fibonacci retracement tool, a critical pivot point that often signals a possible price reversal. This level has a storied history of being a significant turning point for the asset.
💎 We're witnessing a period of market consolidation, with SUI/USDT...
