SUIš„š„š„š„
348,263 views
149 Posts
Hot
Latest
šš„³ SUI: The Next Big Thing! š
š„³š Price Prediction: $20+ by 2025 š°
šš SUI Crypto Currency: A Potential Game Changeršš¤£
Let's find out why?
The cryptocurrency market is constantly evolving, with new projects like SUI promising to revolutionize the industry. SUI is a Layer-1 blockchain platform designed to support global adoption by offering a secure, powerful, and scalable development platform.
š What is SUI?
SUI leverages a novel object-centric data model and the secure Move programming language to address inefficiencies in existing blockchain architectures. This allows SUI to offer high-speed transactions and a user-friendly experience.
šKey Features of SUI
1. Object-Centric Data Model: Efficient data management and scalability.
2. Move Programming Language: Secure and easy to use for developing dApps.
3. User-Friendly Experience: Eliminates common barriers associated with blockchain interactions.
4. High-Speed Transaction : Fast and reliable processing.
# Why SUI Could Be a Game Changer
1. Scalability: Handles a large number of transactions without compromising on speed or security.
2. User Experience: Makes blockchain technology more accessible to the general public.
3. Security: Secure and resistant to common vulnerabilities.
šPrice Prediction of SUI in the Bull Runš
Predicting the price of a token can be challenging, but based on current trends and market conditions, SUI has the potential to see significant growth in the upcoming bull run.
1. Current Price: Around $4.31 USD with a market cap of approximately $12.61 billion.
2. Market Sentiment: Positive, with many analysts predicting strong performance.
3.Price Targets: Analysts have set targets ranging from $10.50 to $20 USD by 2025
4. Factors Influencing Price: Overall market conditions, the success of ecosystem projects, and adoption rate.
ā In conclusion, SUI Crypto Currency has the potential to be a game changer due to its innovative features, focus on user experience, and expanding ecosystem.
#Suipriceanaysis #SUIš„š„š„š„
š„³š Price Prediction: $20+ by 2025 š°
šš SUI Crypto Currency: A Potential Game Changeršš¤£
Let's find out why?
The cryptocurrency market is constantly evolving, with new projects like SUI promising to revolutionize the industry. SUI is a Layer-1 blockchain platform designed to support global adoption by offering a secure, powerful, and scalable development platform.
š What is SUI?
SUI leverages a novel object-centric data model and the secure Move programming language to address inefficiencies in existing blockchain architectures. This allows SUI to offer high-speed transactions and a user-friendly experience.
šKey Features of SUI
1. Object-Centric Data Model: Efficient data management and scalability.
2. Move Programming Language: Secure and easy to use for developing dApps.
3. User-Friendly Experience: Eliminates common barriers associated with blockchain interactions.
4. High-Speed Transaction : Fast and reliable processing.
# Why SUI Could Be a Game Changer
1. Scalability: Handles a large number of transactions without compromising on speed or security.
2. User Experience: Makes blockchain technology more accessible to the general public.
3. Security: Secure and resistant to common vulnerabilities.
šPrice Prediction of SUI in the Bull Runš
Predicting the price of a token can be challenging, but based on current trends and market conditions, SUI has the potential to see significant growth in the upcoming bull run.
1. Current Price: Around $4.31 USD with a market cap of approximately $12.61 billion.
2. Market Sentiment: Positive, with many analysts predicting strong performance.
3.Price Targets: Analysts have set targets ranging from $10.50 to $20 USD by 2025
4. Factors Influencing Price: Overall market conditions, the success of ecosystem projects, and adoption rate.
ā In conclusion, SUI Crypto Currency has the potential to be a game changer due to its innovative features, focus on user experience, and expanding ecosystem.
#Suipriceanaysis #SUIš„š„š„š„
BTFD & HODL is the only way to make money in crypto - simple and time tested. Stick with coins that make a logical case and chill.
#ADA/BTC #SUIš„š„š„š„ #AVAXāļø #ICPšš
#ADA/BTC #SUIš„š„š„š„ #AVAXāļø #ICPšš
#SUIš„š„š„š„
$SUI
Long x10
tp-1.15$
tp2-1.2$
tp3-1.25$
binance doesn't allow me to post pictures from my Discord server. who are interested can comment to be part or CSV2 club.
$SUI
Long x10
tp-1.15$
tp2-1.2$
tp3-1.25$
binance doesn't allow me to post pictures from my Discord server. who are interested can comment to be part or CSV2 club.
#Bitcoin $100K Within Reach, But Clouds Loom Ahead...With Implied Volatility gapping higher
š1-14) Bitcoinās dominance has surged above 60%, with altcoins, particularly #Ethereum, continuing to lag in this rally. A key driver behind Bitcoinās momentum is the relentless rally in @MicroStrategy shares, fueled by two crucial factors. In anticipation of the expected Q4 Bitcoin breakout, we introduced the concept that MicroStrategyās rising share price could have a "tail wags the dog" effect on Bitcoinās price (here). This dynamic stems from MicroStrategyās strategy of consistently upsizing capital raises through debt offerings, pushing Bitcoin prices higher as these funds are used to accumulate Bitcoin.
š2-14) Viewed through this lens, MicroStrategyās valuation should not be directly compared to Bitcoinās price. Bitcoin itself is not the liability associated with these capital raises. Instead, the liability is tied to treasury yields, convertible debt, or even the broader US dollar poolāassets that MicroStrategy effectively borrows to acquire Bitcoin. This distinction highlights a unique relationship between the company and its growing Bitcoin treasury.
š3-14) But with implied volatility gapping higher, there is .... full report: https://mail.10xresearch.co/p/bitcoin-100k-within-reach-but-clouds-loom-ahead-with-implied-volatility-gapping-higher
--------
#BTCāļø #Pendle #SUIš„š„š„š„ #ENAUSDTšØ
š1-14) Bitcoinās dominance has surged above 60%, with altcoins, particularly #Ethereum, continuing to lag in this rally. A key driver behind Bitcoinās momentum is the relentless rally in @MicroStrategy shares, fueled by two crucial factors. In anticipation of the expected Q4 Bitcoin breakout, we introduced the concept that MicroStrategyās rising share price could have a "tail wags the dog" effect on Bitcoinās price (here). This dynamic stems from MicroStrategyās strategy of consistently upsizing capital raises through debt offerings, pushing Bitcoin prices higher as these funds are used to accumulate Bitcoin.
š2-14) Viewed through this lens, MicroStrategyās valuation should not be directly compared to Bitcoinās price. Bitcoin itself is not the liability associated with these capital raises. Instead, the liability is tied to treasury yields, convertible debt, or even the broader US dollar poolāassets that MicroStrategy effectively borrows to acquire Bitcoin. This distinction highlights a unique relationship between the company and its growing Bitcoin treasury.
š3-14) But with implied volatility gapping higher, there is .... full report: https://mail.10xresearch.co/p/bitcoin-100k-within-reach-but-clouds-loom-ahead-with-implied-volatility-gapping-higher
--------
#BTCāļø #Pendle #SUIš„š„š„š„ #ENAUSDTšØ
$sui hit second Buy ranges and bounce back up. who took these entries are automatically in profit regardless of 2 buy ranges as ur average will be lower. let's go for tps now š#SUIš„š„š„š„
remember take long always on lowest and safest ranges. let's go
remember take long always on lowest and safest ranges. let's go
$sui #SUI/USDT.
spot/long
futures manage ur leverage according to your play.
entry current
second Buy at 1.02$
sl if daily closes under 1$
tp 1.3-1.38$
If daily closes above said tp, hodl it till further update.
spot/long
futures manage ur leverage according to your play.
entry current
second Buy at 1.02$
sl if daily closes under 1$
tp 1.3-1.38$
If daily closes above said tp, hodl it till further update.
#altcoin Fire sale same day we get paychecks? God is good, focusing on bldg up core bags today, $SOL , $FTM , $AVAX , #SUIš„š„š„š„ & #SuperFarm + need to stake a few more #SAGAš„š„ & light degen add to #ALEPH .
šØ **SUI Price Action - Short-Term Trading Outlook** šØ
SUI is trading at **$2.01**, showing a slight dip of **-3.9%** in the past 24 hours, but it's still up **3.9%** over the week š. The token has seen a **300% surge** in recent months but is now consolidating.
š **Key Levels to Watch:**
- **Resistance:** $1.90 š„ (Breakout could push SUI toward the $2.16 ATH)
- **Support:** $1.63 and $1.40 (Potential pullbacks)
With growing activity in its DeFi ecosystem and increased unique wallet interactions, short-term traders should stay alert for volatility!
$SUI
#SUIš„š„š„š„ I #CryptoNewss #BinanceSquareFamily #BTC #TradingSignals
$BTC
(Price data as of Oct 16, 2024)
SUI is trading at **$2.01**, showing a slight dip of **-3.9%** in the past 24 hours, but it's still up **3.9%** over the week š. The token has seen a **300% surge** in recent months but is now consolidating.
š **Key Levels to Watch:**
- **Resistance:** $1.90 š„ (Breakout could push SUI toward the $2.16 ATH)
- **Support:** $1.63 and $1.40 (Potential pullbacks)
With growing activity in its DeFi ecosystem and increased unique wallet interactions, short-term traders should stay alert for volatility!
$SUI
#SUIš„š„š„š„ I #CryptoNewss #BinanceSquareFamily #BTC #TradingSignals
$BTC
(Price data as of Oct 16, 2024)
$SUI is currently displaying bearish trends across all timeframes.
With the Relative Strength Index (RSI) is at 36.40 on $SUI short-term chart, indicating oversold conditions, while the Moving Average Convergence Divergence (MACD) is negative at -0.0067. The Bollinger Bands are contracting, with the price nearing the lower band at $0.7905.
For potential spot trading, traders may consider entering cautiously if the price bounces off the $0.7920, with an exit near the middle band at $0.8100 and a stop-loss below the lower band at $0.7880.
$SUI hourly chart has the RSI is at 39.85, still indicating bearish sentiment, while the MACD is negative at -0.0001. The price is approaching the lower Bollinger Band at $0.7918, suggesting a possible oversold condition. Traders looking at futures trading might consider short positions if the price breaks below the lower band, with an exit near $0.7850 and a stop-loss at $0.8130
In the daily chart, the RSI stands at 45.96, showing a bearish sentiment, while the MACD is negative at -0.0109. The price is below the 10-day and 20-day Simple Moving Averages, indicating a bearish long-term outlook.
Traders considering spot trading may wait for a potential reversal confirmation before entering a long position, with resistance at the 20-day EMA of $0.8295 and support at the recent low of $0.7864.
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
#SUIš„š„š„š„ #SUI/USDT #suiusdt #SUI #SUIš„
With the Relative Strength Index (RSI) is at 36.40 on $SUI short-term chart, indicating oversold conditions, while the Moving Average Convergence Divergence (MACD) is negative at -0.0067. The Bollinger Bands are contracting, with the price nearing the lower band at $0.7905.
For potential spot trading, traders may consider entering cautiously if the price bounces off the $0.7920, with an exit near the middle band at $0.8100 and a stop-loss below the lower band at $0.7880.
$SUI hourly chart has the RSI is at 39.85, still indicating bearish sentiment, while the MACD is negative at -0.0001. The price is approaching the lower Bollinger Band at $0.7918, suggesting a possible oversold condition. Traders looking at futures trading might consider short positions if the price breaks below the lower band, with an exit near $0.7850 and a stop-loss at $0.8130
In the daily chart, the RSI stands at 45.96, showing a bearish sentiment, while the MACD is negative at -0.0109. The price is below the 10-day and 20-day Simple Moving Averages, indicating a bearish long-term outlook.
Traders considering spot trading may wait for a potential reversal confirmation before entering a long position, with resistance at the 20-day EMA of $0.8295 and support at the recent low of $0.7864.
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
#SUIš„š„š„š„ #SUI/USDT #suiusdt #SUI #SUIš„
See original
Currently, the price of SUI is maintaining around $2.35 USD, with signs of solid growth in the past 24 hours. As a Layer-1 coin, SUI is designed to handle smart contracts and decentralized applications (dApps) at high speeds, aiming to compete with major blockchains like Ethereum.
Technically, the important support level for SUI is $2.2044, which acts as a foundation to prevent the price from dropping further. Conversely, if it surpasses the resistance level of $2.4104, SUI has the potential to attract new buying power and move to higher levels, creating potential profit opportunities.
The potential value of SUI in the future depends on market demand for high-performance Layer-1 platforms. With the overall trend of the blockchain industry increasingly seeking flexible and efficient solutions, SUI may continue to attract long-term investors. However, due to the highly volatile nature of the cryptocurrency market, investors need to be cautious and consider carefully before investing.
#SUIš„š„š„š„
Technically, the important support level for SUI is $2.2044, which acts as a foundation to prevent the price from dropping further. Conversely, if it surpasses the resistance level of $2.4104, SUI has the potential to attract new buying power and move to higher levels, creating potential profit opportunities.
The potential value of SUI in the future depends on market demand for high-performance Layer-1 platforms. With the overall trend of the blockchain industry increasingly seeking flexible and efficient solutions, SUI may continue to attract long-term investors. However, due to the highly volatile nature of the cryptocurrency market, investors need to be cautious and consider carefully before investing.
#SUIš„š„š„š„
šTop Project From Recent Funding Round š° Gameplay Galaxy š
š Gameplay Galaxy has just secured $11.17M in its latest funding round! š
š¹About: Gameplay Galaxy is revolutionizing the blockchain by launching the worldās first Web3-powered, competitive ecosystem. Extreme sports enthusiasts can now compete, buy, evolve, and trade in a dynamic, living environment featuring immersive and challenging tracks. Their flagship game, Trial Xtreme Freedom, aims to lead the transition from Free-to-Play (F2P) to Web3 adoption by introducing player-centric digital ownership models. Notably, track ownership empowers users to hold their own tournaments and special events. Players can also craft, upgrade, and own their bikes while earning tokens through in-game experiences. With a recent seed funding round of $24 million, led by Blockchain Capital and Merit Circle, Gameplay Galaxy is poised to disrupt the gaming market and create value for players and stakeholders.š
š¹ Lead Investors: Blockchain Capital, Merit Circle, Solana Ventures, Yield Guild Games (YGG), Mysten Labs and many more.
š¹ Total Raised: $23.97M.
š¹ Project Category: GameFi, Web3, Sui Ecosystem.
šIf You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha š¦šš»
#Web3 #gamefi #SUIš„š„š„š„ #solana #NFT $SUI
$SOL
$RONIN
š¹About: Gameplay Galaxy is revolutionizing the blockchain by launching the worldās first Web3-powered, competitive ecosystem. Extreme sports enthusiasts can now compete, buy, evolve, and trade in a dynamic, living environment featuring immersive and challenging tracks. Their flagship game, Trial Xtreme Freedom, aims to lead the transition from Free-to-Play (F2P) to Web3 adoption by introducing player-centric digital ownership models. Notably, track ownership empowers users to hold their own tournaments and special events. Players can also craft, upgrade, and own their bikes while earning tokens through in-game experiences. With a recent seed funding round of $24 million, led by Blockchain Capital and Merit Circle, Gameplay Galaxy is poised to disrupt the gaming market and create value for players and stakeholders.š
š¹ Lead Investors: Blockchain Capital, Merit Circle, Solana Ventures, Yield Guild Games (YGG), Mysten Labs and many more.
š¹ Total Raised: $23.97M.
š¹ Project Category: GameFi, Web3, Sui Ecosystem.
šIf You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha š¦šš»
#Web3 #gamefi #SUIš„š„š„š„ #solana #NFT $SUI
$SOL
$RONIN
#SUI is showing strength near the resistance of a descending broadening wedge on the daily chartš§
A breakout from this pattern could trigger a significant bullish move in the coming daysš
If confirmed, we might see $SUI surge towards targets at $1.00, $1.20, and potentially $1.80šÆ
#SUIš„š„š„š„ #SUI #SUIš„ #SUI/USDT $SUI
$APT
A breakout from this pattern could trigger a significant bullish move in the coming daysš
If confirmed, we might see $SUI surge towards targets at $1.00, $1.20, and potentially $1.80šÆ
#SUIš„š„š„š„ #SUI #SUIš„ #SUI/USDT $SUI
$APT
Sui (SUI) : Navigating the Road Ahead for Growth and Correction
#SUI #suiusdt #BinanceSquareFamily #Write2Earn! #SUIš„š„š„š„
š Sui Token on the Rise
The Sui (SUI) project has seen impressive price increases recently, driven by multiple positive developments.
1. Increased Transaction Volume :
Sui Network has outpaced Solana in transaction volume, primarily fueled by the popularity of meme coins on its blockchain. This surge has captured the attention of traders and investors alike.
2. Strategic Partnerships and Institutional Adoption :
Partnerships with Grayscale and Circle have opened new avenues for institutional investment. The launch of the **Grayscale SUI Trust** allows institutions to invest in SUI, enhancing liquidity. Additionally, the integration of **USDC** via Circle's Cross-Chain Transfer Protocol boosts Sui's utility in DeFi and gaming.
3. Introduction of SCION Technology :
Sui's innovative SCION infrastructure improves security and reduces latency for Web3 applications, further increasing confidence among users and developers.
š Current Market Analysis :
As SUI approaches key resistance lines and the Potential Reversal Zone (PRZ) between $3.00 and $2.50, analysts suggest it might complete the main **Elliot Wave 3**, with expectations for an additional +20% increase before facing a correction of -20% to -40%.
Conclusion & Advice :
The positive sentiment around Sui indicates continued growth potential, but traders should brace for an inevitable correction after the anticipated rise.
Advice :
Monitor the SUI token closely as it nears the PRZ. Setting stop-loss orders can help mitigate risks during the expected correction. With strategic investments and proper timing, traders can capitalize on SUI's upward momentum while managing potential downturns.
#SUI #suiusdt #BinanceSquareFamily #Write2Earn! #SUIš„š„š„š„
š Sui Token on the Rise
The Sui (SUI) project has seen impressive price increases recently, driven by multiple positive developments.
1. Increased Transaction Volume :
Sui Network has outpaced Solana in transaction volume, primarily fueled by the popularity of meme coins on its blockchain. This surge has captured the attention of traders and investors alike.
2. Strategic Partnerships and Institutional Adoption :
Partnerships with Grayscale and Circle have opened new avenues for institutional investment. The launch of the **Grayscale SUI Trust** allows institutions to invest in SUI, enhancing liquidity. Additionally, the integration of **USDC** via Circle's Cross-Chain Transfer Protocol boosts Sui's utility in DeFi and gaming.
3. Introduction of SCION Technology :
Sui's innovative SCION infrastructure improves security and reduces latency for Web3 applications, further increasing confidence among users and developers.
š Current Market Analysis :
As SUI approaches key resistance lines and the Potential Reversal Zone (PRZ) between $3.00 and $2.50, analysts suggest it might complete the main **Elliot Wave 3**, with expectations for an additional +20% increase before facing a correction of -20% to -40%.
Conclusion & Advice :
The positive sentiment around Sui indicates continued growth potential, but traders should brace for an inevitable correction after the anticipated rise.
Advice :
Monitor the SUI token closely as it nears the PRZ. Setting stop-loss orders can help mitigate risks during the expected correction. With strategic investments and proper timing, traders can capitalize on SUI's upward momentum while managing potential downturns.
See original
$SUI
Another love scammer, if btc fails, it will return to the stone age. Be careful, brothers and sisters #SUIš„š„š„š„
Another love scammer, if btc fails, it will return to the stone age. Be careful, brothers and sisters #SUIš„š„š„š„
š²NEW VIP SIGNALš²
š¢ Long : SUI/USDT
āļø Entry: 1.605 - 1.571
ā Leverage Isolated 10x
š Targets: 1.670 - 1.740+
ā Stoploss: 1.535
(Use Trailing SL when in profit)
By @Bitcoin Bull
#Memecoins #Nonfarm #BinanceLaunchpool #Suiusdt #SUIš„š„š„š„
$SUI $SEI $SOL
š¢ Long : SUI/USDT
āļø Entry: 1.605 - 1.571
ā Leverage Isolated 10x
š Targets: 1.670 - 1.740+
ā Stoploss: 1.535
(Use Trailing SL when in profit)
By @Bitcoin Bull
#Memecoins #Nonfarm #BinanceLaunchpool #Suiusdt #SUIš„š„š„š„
$SUI $SEI $SOL
Technical Analysis and Investment Outlook for $SUI
Current Price:
$SUI is currently trading around 2.25 USDT on major exchanges like Binance and KuCoin. Recently, the price fluctuated between 2.00 - 2.27 USDT, reflecting a notable increase of 9.8% in the short termā.
Key Technical Indicators:
RSI (14): The Relative Strength Index (RSI) is at 62.9, indicating a bullish trend but not yet in overbought territory. This suggests potential for further upward movement in the short term.MACD (12,26): The Moving Average Convergence Divergence (MACD) shows strong buy signals, as the MACD line is diverging upward from the signal line, typically signaling continued bullish momentum.Momentum (Mom) (10): The 10-period momentum value is 0.0598, reflecting a moderate upward shift in price action.Stochastic %K (14,3,3): Currently at 79.49, this indicator is approaching the overbought zone. Once it crosses 80, the asset may face short-term selling pressure or price consolidationā.
Support and Resistance Levels:
Strong Support Zone: Between 2.00 - 2.10 USDT. If the price dips to this range, it could be a good buying opportunity.Immediate Resistance: Around 2.27 - 2.30 USDT. A break above this could lead $SUI toward the next target of 2.50 USDT.
Volume and Market Sentiment:
Trading volume is notably high, supporting the current price trend. On Binance, the 24-hour trading volume for $SUI exceeded 5.7 million USDT, suggesting robust market participation and interest.
Investment Outlook:
Buy Opportunity: If the price dips toward 2.00 - 2.10 USDT, this could provide an attractive entry point for a bullish position.Short-Term Target: With continued buying pressure, the price could rally toward 2.50 USDT if it breaks above the current resistance zone.
Risks:
It is essential to note that the RSI and Stochastic indicators are approaching overbought levels, signaling potential price corrections in the short term. Investors should closely monitor these indicators to avoid buying into a potential pullback.
Conclusion: SUI is presenting strong buy signals, but investors should remain cautious and consider accumulating positions during short-term price dips. Remember to DYOR (Do Your Own Research) and always evaluate market conditions and news updates before making decisionsā.
#SUIš„š„š„š„ #Binance's
$SUI is currently trading around 2.25 USDT on major exchanges like Binance and KuCoin. Recently, the price fluctuated between 2.00 - 2.27 USDT, reflecting a notable increase of 9.8% in the short termā.
Key Technical Indicators:
RSI (14): The Relative Strength Index (RSI) is at 62.9, indicating a bullish trend but not yet in overbought territory. This suggests potential for further upward movement in the short term.MACD (12,26): The Moving Average Convergence Divergence (MACD) shows strong buy signals, as the MACD line is diverging upward from the signal line, typically signaling continued bullish momentum.Momentum (Mom) (10): The 10-period momentum value is 0.0598, reflecting a moderate upward shift in price action.Stochastic %K (14,3,3): Currently at 79.49, this indicator is approaching the overbought zone. Once it crosses 80, the asset may face short-term selling pressure or price consolidationā.
Support and Resistance Levels:
Strong Support Zone: Between 2.00 - 2.10 USDT. If the price dips to this range, it could be a good buying opportunity.Immediate Resistance: Around 2.27 - 2.30 USDT. A break above this could lead $SUI toward the next target of 2.50 USDT.
Volume and Market Sentiment:
Trading volume is notably high, supporting the current price trend. On Binance, the 24-hour trading volume for $SUI exceeded 5.7 million USDT, suggesting robust market participation and interest.
Investment Outlook:
Buy Opportunity: If the price dips toward 2.00 - 2.10 USDT, this could provide an attractive entry point for a bullish position.Short-Term Target: With continued buying pressure, the price could rally toward 2.50 USDT if it breaks above the current resistance zone.
Risks:
It is essential to note that the RSI and Stochastic indicators are approaching overbought levels, signaling potential price corrections in the short term. Investors should closely monitor these indicators to avoid buying into a potential pullback.
Conclusion: SUI is presenting strong buy signals, but investors should remain cautious and consider accumulating positions during short-term price dips. Remember to DYOR (Do Your Own Research) and always evaluate market conditions and news updates before making decisionsā.
#SUIš„š„š„š„ #Binance's
See original
When Is The Best Time To Buy $SUI?
If you are considering investing in $SUI , timing is an important factor to consider, especially given the volatility in the cryptocurrency market. Currently, the price $SUI is at $1.9886, down from its recent high of $2.1680. So, should you buy now or wait?
Important Levels to Watch:
Support Level
$1.9758: This is the 7-day moving average (MA), which could be short-term support. If the price holds above this level, this could be a reasonable buy point.
Important Levels to Watch:
Support Level
$1.9758: This is the 7-day moving average (MA), which could be short-term support. If the price holds above this level, this could be a reasonable buy point.
SUIUSDT Bearish Reversal : Potential Market Shift on the Horizon ?
#SUI #SUIš„š„š„š„ #suiusdt #Write2Earn! #BinanceSquareFamily
Summary & Analysis :
A bearish shift may be looming for SUIUSDT as it approaches a critical resistance level at $1.9848. Current analysis highlights that a "Change of Character" (CHoCH) near this level could signal a structural change and a downward trend. If the price maintains this level, a bearish reversal could develop around the next resistance at $2.1805. However, any price breakout above $2.1805 would invalidate the bearish outlook, signaling traders to exercise caution and avoid hasty moves.
Conclusion & Advice :
Traders should wait for confirmed bearish signals at key resistance zones to avoid false moves. Holding off until price action aligns with a bearish Order Block (OB) can increase the probability of a successful trade. If a breakout above $2.1805 occurs, it's wise to remain patient and observe for a clearer setup before entering the market.
Final Note :
For strategic trading, patience and discipline are essential. Waiting for high-probability setups around resistance levels allows traders to capitalize on the most reliable opportunities.
#SUI #SUIš„š„š„š„ #suiusdt #Write2Earn! #BinanceSquareFamily
Summary & Analysis :
A bearish shift may be looming for SUIUSDT as it approaches a critical resistance level at $1.9848. Current analysis highlights that a "Change of Character" (CHoCH) near this level could signal a structural change and a downward trend. If the price maintains this level, a bearish reversal could develop around the next resistance at $2.1805. However, any price breakout above $2.1805 would invalidate the bearish outlook, signaling traders to exercise caution and avoid hasty moves.
Conclusion & Advice :
Traders should wait for confirmed bearish signals at key resistance zones to avoid false moves. Holding off until price action aligns with a bearish Order Block (OB) can increase the probability of a successful trade. If a breakout above $2.1805 occurs, it's wise to remain patient and observe for a clearer setup before entering the market.
Final Note :
For strategic trading, patience and discipline are essential. Waiting for high-probability setups around resistance levels allows traders to capitalize on the most reliable opportunities.
See original
71% of traders $SUI are short on Binance, is it time to sell?
SUI could drop 20% to $1.62 if it fails to close the daily candle above $2.2.
SUI Price Analysis and Upcoming Levels
According to expert technical analysis, SUI is currently at $2, where it experienced a massive drop of over 50% the last time it reached this level. However, active short positions on Binance suggest that a similar drop could occur this time.
Based on recent price momentum, if SUI fails to close the daily candle above $2.2, there is a strong possibility that it could drop 20% to $1.62 in the coming days. On the other hand, if it holds above $2.2, there is also a possibility of reaching a new high in the near future.
Currently, the Relative Strength Index (RSI) of SUI is in the overbought zone, signaling a possible price correction or perhaps a price drop in the coming days.
#IntroToCopytrading #BinanceTurns7 #SUIš„š„š„š„
SUI could drop 20% to $1.62 if it fails to close the daily candle above $2.2.
SUI Price Analysis and Upcoming Levels
According to expert technical analysis, SUI is currently at $2, where it experienced a massive drop of over 50% the last time it reached this level. However, active short positions on Binance suggest that a similar drop could occur this time.
Based on recent price momentum, if SUI fails to close the daily candle above $2.2, there is a strong possibility that it could drop 20% to $1.62 in the coming days. On the other hand, if it holds above $2.2, there is also a possibility of reaching a new high in the near future.
Currently, the Relative Strength Index (RSI) of SUI is in the overbought zone, signaling a possible price correction or perhaps a price drop in the coming days.
#IntroToCopytrading #BinanceTurns7 #SUIš„š„š„š„
SUI: A PROMISING ASSET?
IS THAT TRUE??
-SUI is a Layer-1 blockchain designed to support decentralized applications (dApps) with high throughput and low fees. The network is still in the early stages of development, but has already attracted a lot of attention from investors and developers.
The recent price rally shows growing confidence in the project. However, it is important to note that the cryptocurrency market is highly volatile, and there is no guarantee that SUI will continue to increase in value.
Follow us on Google News to get the latest crypto news. Turn on notifications so you don't miss the news.#Binance #CryptoExplorerFiesta #marketdownturn #Web3
#SUIš„š„š„š„
$SUI
IS THAT TRUE??
-SUI is a Layer-1 blockchain designed to support decentralized applications (dApps) with high throughput and low fees. The network is still in the early stages of development, but has already attracted a lot of attention from investors and developers.
The recent price rally shows growing confidence in the project. However, it is important to note that the cryptocurrency market is highly volatile, and there is no guarantee that SUI will continue to increase in value.
Follow us on Google News to get the latest crypto news. Turn on notifications so you don't miss the news.#Binance #CryptoExplorerFiesta #marketdownturn #Web3
#SUIš„š„š„š„
$SUI