The trend is bearish1.divergence in price is observed.
2.triple top pattern is completed.
3.be ware.....the trend is bearish.
4.best position for sellllll.
SUIUSDT.PS trade ideas
The Most Perfect Entry on SUI/USDTI basically found a perfect entry right when the reversal began on the 4hr chat. From my graph, you can see the clear support level, where the price bounced off of it twice already. If it were to break this support level that would be a different story, but since I saw it only bounced off of it, thats when i knew this was going to be a perfect entry.
So I entered at 4.36 and has a SL at 4.35. I knew there wasn’t going to be a dip to the downside, and if it did, I wouldn’t want to be in the trade anyway.
So perfect entry, now what about profits?
Looking at the entry, I decided to put my TSLA at 4.425 Based off the 30 minute Time frame to lock in my profits since im already in the green.
Since I had such a perfect Entry, The profit on this could be like a 20x. Depending on how far this goes in my favor. We’ll watch the charts and see how it goes.
YOU CAN STILL ENTER LONG. JUST BE READY TO HAVE A STOP LOSS AT 4.5
SUI price smashed a new ATHSince the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion. As a result, the price led an impressive 35% rise since the last trading day and smashed a new ATH at $4.86. After achieving fresh highs, the token does not appear to halt its rising trend, as the bulls are eyeing much higher targets well above $5 or $6.
The historical price action of the token suggests a breakout from a huge bullish pattern and as a result, a steep ascending trend could be fast approaching. The token broke out of the double-bottom pattern and after a small retracement, it has begun to swell. The technicals are currently extremely strong, which supports the bullish narrative. Hence the token is believed to maintain a healthy ascending trend as the RSI has made it to the overbought zone. As the levels are not displaying any possibility of a bearish divergence, the SUI price is expected to maintain a healthy upswing.
Besdies, the rising on-balance volume or OBV, supports the bullish narrative, which suggests the rally to be in a progressive stage. The token has already reached the 1.2 FIB at the current highs and the next level to watch is around $5.34, which is at 1.414 FIB. However, the major target remains at around 2 FIB at $2 and securing these levels could attract some bearish action, which may halt the steep ascending trend.
If the market continues to possess strong bullish momentum, then the SUI price rally may revamp a strong rebound and proceed towards the $10 milestone that could be the peak of the prevailing bull run.
SUI Swing ltf setupHere I see an opportunity for a sui long position starting with an entry at 50% of the ote that nicely aligns with a set of orderblocks that overlap themselves, I will target the bearish fvg bottom as my primary goal and I have also set an extension level of 120% on the fib as a possible secondary target SL at the recent swing low within the swing range I have marked out
SUI Outlook for December 2024Market Overview
BINANCE:SUIUSDT.P is currently trading near $4.16, showcasing moderate volatility. Below is a concise technical analysis:
Bullish Momentum:
The price recently tested a high of $3.94, supported by trading above key moving averages (MA7 and MA25), indicating positive momentum.
If support levels between $3.1–$3.4 hold, the pair could target resistance at $4.0–$4.2 and potentially extend gains toward $4.5–$5.0.
Downside Risks:
The pair has faced strong resistance near $3.94. Continued rejection at this level could lead to a decline toward the major support at $3.1 or further down to $2.5.
A break below the MA25 could intensify selling pressure, targeting $2.1 as the next significant support.
December 2024 Outlook:
Bullish Scenario: If SUI maintains its position above $3.4 with increased trading volumes, a rally toward $5.0 is possible.
Bearish Scenario: Failure to hold critical support may result in a decline to the $2.5–$3.0 range.
Recommendations:
Monitor trading volumes and support levels near $3.1 for clearer buy or sell signals.
Combine technical analysis with ecosystem updates to make informed decisions.
Note: Implement robust risk management strategies to navigate market fluctuations effectively.
Price Analysis: Key Support and Resistance LevelsBINANCE:SUIUSDT.P is currently trading within a range of $3.96-$4.02, with strong resistance at $4.10 and key support at $3.90. Technical indicators such as RSI reflect a balance between buying and selling forces, suggesting a neutral momentum. Moving averages indicate ongoing bearish pressure in the long term, while the MACD shows weak momentum. A breakout above $4.10 could push the price toward $4.25, whereas a breakdown below $3.90 may lead to declines toward $3.75. Caution is advised when trading, with clear stop-loss levels to manage risk effectively.
$SUI GO TO MOON BUT TAKE A LONG FIRSTtake a long with capital managment on Sui coin and go to sleep . this Coin have a big chance to be in top10 . just take a long or invest on it as spot . Sui will Go to moon . All targets and stop loss on the chart . good luck guys
SUIUSDT remain so strongAs a follow-up to our previous SUI analysis, the price has successfully tested the neckline region and broken above it, reinforcing bullish strength.
This breakout validates a potential double bottom formation, signaling a significant upward move with the projected target highlighted on the chart. The immediate buyback area offers a strong re-accumulation opportunity, while the neckline zone remains a key demand area for support.
Share your thoughts on SUI in the comments!
A similar behavior Between ID and SUIStructurally these charts are almost identical
- Same low and higher low
-same rounding bottom pattern
Accumulate ID while its price is low.
It will become a trend and the talk of everyone as soon as it breaks the round bottom pattern just like what happend with SUI
Best regards Ceciliones🎯
Waiting #SUI/USDT to take this Sell-side LiquidityWaiting #SUI/USDT to take this Sell-side Liquidity before Buy-side Liquidity.
If CRYPTOCAP:SUI swept and didn't retrace back, it can revisit the 4H +OB. The local support level is PMH $3.9461.
Waiting #SUI/USDT to take this Sell-side Liquidity before Buy-siWaiting #SUI/USDT to take this Sell-side Liquidity before Buy-side Liquidity.
If CRYPTOCAP:SUI swept and didn't retrace back, it can revisit the 4H +OB. The local support level is PMH $3.9461.
#SUI. Corrections = Opportunities – Plan Ahead! 11/29/24Local market corrections are inevitable, and they present excellent opportunities to find strong entry points.
After securing 6x returns on #SUI, the euphoria has started to fade, and retail traders are being gradually calmed down, leading to the local pullbacks we’re now seeing for #SUI.
Accumulation on spot and opening swing positions should be considered in the $3.2 - $2.8 range, with an initial target of $4. After that, in my view, the price might dip to the $2.0 - $1.6 range before the true rally begins.
DYOR.
SUI Update As long as the price doesn’t drop below the bottom of the specified range box, we can expect SUI to break out and reach the $5 level.
good luck guys !
SUI or SOL, $5 or $300? You to Choose!SUI or SOL? WHat to?
As you could see in the previous chart for SUI, DITTO worked as doodled!
SO the Plans of the trade are as such, On days chart, The resistance are at such a juncture point that when short is happened thats the ideal point to buy. But as always, shall it has some power to fuel up, can go to approx 4.75 and then fall, so Ideally if CMP buying targets till 5. My ideal point of buys goes at 3.596 the red lines, so would take a hedged position of long first and short next. Going for BUYS to CMP and would trail SL to COST whenever possible.
What you can do? Take shorts to hold till the point, or wait for it to come to buy
SUI hits a new ATH. Again. With a strong positive breakout from its bullish flag pattern in the daily time frame, the Sui token has achieved a new all-time high of $4.47 with a trading volume of $4.58 billion, a change of +78.77%. This indicates increased bullish sentiment for the altcoin.
The Moving Average Convergence Divergence (MACD) displays a rising green histogram with its averages recording a bullish convergence in the daily time frame. This highlights an increase in the buying sentiment for this altcoin in the crypto market.
On the other hand, the SMA indicator constantly acts as a support to the SUI price chart. Reportedly, this indicates a strong bullish price outlook for the Sui token in the upcoming time.
Maintaining the price above its support level of $4 could set the stage for this altcoin to head toward its $4.75 mark. Moreover, if the bullish sentiment intensifies, this could push the price toward its higher price target of $5.5 this month.
However, if a bearish reversal occurs, the Sui crypto price may retest its support level of $4.00. Furthermore, if the bearish momentum intensifies, this could pull the price of this altcoin toward its lower support trendline of $3.250.
SUI LONG H4Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
SUIUSDTWe can attempt to buy SUIUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart
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! 🤑💪
SUI TARGETS ALL TIME HIGHS - SUI NETWORK LONG IDEAThe price ran the daily swing liquidity but failed to close below, showing a strong rejection after the liquidity grab. It created a 4H demand zone, and the price tested this zone with another strong rejection. Recently, we broke the bearish trendline, followed by a retest.
I entered the trade at the trendline bounce and am targeting new highs.
SL: $2.97 (Daily close below)
TP: $3.95 (ATH)
Elliot wave pattern on Sui.Im new to trading, but it looks like Sui is on a path to $8. What are your thoughts? Also, it looks as if we are about to go to levels on the Usdt.d chart that we haven’t seen in a while. #altseason
Where To Buy SOL MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking very good here as it builds pressure before this next move up, very strong chart for more upside
Very similar to SUI which is up 30% + this week
Do not miss out on SOL as this is a great opportunity
Watch video for more details
