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#SUIUSDT 1 DAYSUIUSDT Daily Analysis The SUIUSDT pair is forming a rising wedge pattern on the daily chart, which often indicates a potential bearish reversal. The price is approaching the wedge's support line, and a breakdown below this level would signal increased selling pressure, offering a strong sell opportunity. Technical Outlook: Pattern: Rising Wedge Forecast: Bearish (More Sell Opportunity upon Support Breakdown) Entry Strategy: Enter a sell position after the price breaks below the wedge's support line and confirms the breakdown with bearish price action, such as a strong close below the support or a retest of the broken level. Traders should use indicators like RSI or MACD for confirmation of weakening bullish momentum. Proper risk management is critical, with stop-loss orders placed above the wedge and profit targets set at key support zones below.
Short
by PIPSFIGHTER
$SUI Breakout: Bullish Rally in Sight!CRYPTOCAP:SUI Breakout of this symmetrical triangle pattern, confirming bullish momentum! 📈 Entry: Accumulate above $3.80 🎯 Targets: Midterm: $5.00 (30% upside) Long-term: $6.25 (60% upside) 🛡️ Stop-loss: $3.45 Available for both spot and futures trading. A confirmed breakout indicates the potential for a strong rally ahead. Use proper risk management! ABOUT CRYPTOCAP:SUI CRYPTOCAP:SUI is a next-gen blockchain designed for high-speed transactions and scalability, catering to decentralized applications and new-age financial systems. About SUI: Sui is a next-generation blockchain designed for high-speed transactions and scalability, catering to decentralized applications and modern financial systems. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk; conduct your own research (DYOR) and consult with a financial advisor before making investment decisions. #Crypto #Altcoins #SUI
Long
by CRYPTOMOJO_TA
SUI Jumped in TVL and Still Looks Bullish / Targets and PlansBINANCE:SUIUSDT COINBASE:SUIUSD Longterm Scenario 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. 🧐The Alternate scenario: If the price stabilize below the trigger zone, the setup will be canceled.
Long
by CrazyS
1
SUIUSDT: Restesting ATH Support—Bull Run Resuming Soon!BINANCE:SUIUSDT is currently retesting its all-time high support and is poised to resume its bull run from here. After a healthy consolidation following the ATH breakout, it’s time for take-off! As a strong layer 1 blockchain with a robust community backing it, I’m expecting new ATHs in the near future. Keep an eye on this one! BINANCE:SUIUSDT Currently trading at $2.14 Buy level: Above $2.1 Stop loss: Below $1.69 TP1: $3 TP2: $4.5 TP3: $6 TP4: $7 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
SUI at Risk: Bearish Momentum and Key Levels to Watch!Yello, Paradisers! Is SUI heading for another leg down, or will it surprise us with a breakout? Here's our take. 💎SUI is showing strong bearish momentum right now as it faces a key supply area. One of the main signals confirming this is the bearish divergence on the RSI indicator, which often indicates a potential price drop. If SUI gets rejected again (as it did previously), there’s a good chance it will revisit the 1.7180 demand zone, possibly giving us a short-term rebound before continuing its downward journey toward the 1.6 support level. 💎This 1.6 area is crucial because a break below this zone would validate a double-top pattern, suggesting a significant bearish move. Should this happen, we could see SUI targeting the Bullish OB at the 1.24 level. 💎However, if SUI breaks out above its All-Time High (ATH) at 2.18 and closes the day above it, this will invalidate the bearish setup. Such a breakout would signal a bullish continuation, and we’d expect prices to push higher. In that case, it would be wise to close any short positions on SUI, as the trend could shift significantly. Discipline, patience, and strategic positioning are key here. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
SUI Recovery in Play: Targeting $1.44 After Key BreakoutAfter reaching an all-time high (ATH) above $2 at the end of March, SUI entered a correction that pushed the coin below the key $1 level, reaching a low just under $0.50 on August 5th. However, SUI quickly recovered, and by August 8th, the SUI/USDT pair had broken above the falling resistance line of the channel, hitting a high above $1 on August 12th. Following this move, the coin consolidated below this critical level, forming a clear higher low around the $0.75 zone. Currently, SUI is trading back above $1, sitting just below an important technical resistance. A breakout above this resistance appears imminent, with the first target for further upside being $1.44, representing a potential 40% rise. Looking further ahead, if the broader crypto market continues to show optimism toward the end of the year, SUI could potentially retest its previous ATH above $2.
Long
by Mihai_Iacob
1
SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains. Current Price: Around $1.02 Optimal Entry Zone: $0.75 to $1.00 Target: $2.58 (154% potential gain) Resistance: A breakout above this level could unlock major upside potential Lower Support: Strong support around $0.50 Two Potential Scenarios: Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal. Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate. Strategy: To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction. A breakout above this key resistance could see SUI reaching new highs. This is a setup worth watching, especially for those looking to accumulate on retests. Please keep it on your radar! Not financial advice. DYOR! Want more setups for spot and futures? Follow me and like this post! Thank you #PEACE
Long
by Cryptorphic
#SUI/USDT#SUI The price is moving within a descending channel pattern on the 1-hour frame and is expected to break it upwards after it has adhered to it significantly We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 0.4600 We have a trend to stabilize above the moving average 100 Entry price 0.4739 First target 0.5059 Second target 0.5496 Third target 0.5964
Long
by CryptoAnalystSignal
SUIUSDT Critical Levels to Watch as Price Tests Supply!Yello, Paradisers! Are we on the verge of a major move for #SUIUSDT? Let's dive into the key levels and potential scenarios to watch out for. 💎The price recently bounced off a strong demand area, closing with a green daily candle, signaling a possible reversal. Currently, #SUI is testing the supply area around $0.76 but is facing rejection. This suggests that the price may revisit the support level at $0.697 to build momentum for another attempt to break through the supply area. 💎If a successful breakout of the supply area occurs, this could create a strong bullish momentum, pushing the price towards the next resistance zone between $0.89 and $0.92. A decisive break above this resistance could solidify the bullish trend and align with our target area. 💎However, if SUI fails to hold at the support level and breaks down, the price is likely to revisit the strong demand zone between $0.61 and $0.559. This area is crucial for maintaining bullish prospects. 💎A bounce from this demand zone is essential; failure to do so and a subsequent break below this level would invalidate the bullish outlook, increasing the probability of a further downward move. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
SUIUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth. Entry: Market and lower (im in pos + limit order at 0.7) Targets: 3 - 5 - 7 - 12 Longterm target zone: 10 - 15$ after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 8 risk is justified It's not financial advice. DYOR!
Long
by trytofeelpositive
5
SUIUSDTBINANCE:SUIUSDT is the only one that has not performed well compared to the others. In my opinion, with the rank of #76, we should expect a sharp pump from it. We may have missed the entry point, but if I want to enter this trade, I would like to enter the trade at price 0.53- 0.50 ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR" Don't forget to like and comment
Long
by Madoir