SUIUSDT.P trade ideas
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.
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.
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
Sui hits $4 ATH. What's next?Sui has been gaining significant attention from investors. Riding the wave of Bitcoin’s new all-time high, Sui also reached record levels. Since the U.S. election, the altcoin has surged by an impressive 118%, setting a new all-time high.
Sui has delivered remarkable returns of 760% since August, placing it among this year’s best-performing altcoins. Over the past month, it has traded within a tight range of $1.84 to $2.37. However, during the U.S. election, Sui broke out, climbing alongside Bitcoin and other altcoins. A few hours ago, it reached a new peak of $4.04.
Despite this milestone, Sui’s momentum has slowed, with minimal price changes since. On the daily chart, the Relative Strength Index (RSI) is at 74.32, suggesting bullish sentiment. Similarly, the Average Directional Index (ADX) has climbed to 23.28, indicating the potential for further gains.
While technical indicators remain positive, the trading volume tells a different story. Daily volume has fallen by 13.27% compared to the previous 24 hours. Despite this, Sui’s price has risen by 2.39% and is currently trading at $3.84.
Sui has been a top performer this year, delivering exceptional returns. However, with investors beginning to take profits, selling pressure may lead to a correction. Key support levels to watch are $3.19 and $2.90, with stronger support at $2.30 if the decline intensifies.
On the other hand, if Bitcoin continues its rally and draws more buyers into the market, Sui could defy expectations and surpass its recent all-time high.
SUI/USDT.P Insights - Long PositionSUI/USDT.P Insights - Long Position
See entry details below. Forming mini wave 4 (correction).
Confluences:
- 4H MSS
- 4H Sell Side Liquidity Sweep
- 4H Order Block with Fair Value Gap above it
- Order Block is within the OTE Level
Risk only 5~10% of capital.
Leverage: 10x~20x
SUIUSDT.PMEXC:SUIUSDT.P chart already formed a EQL, it should be a inducement on H4, we're looking for a LONG position after it take this EQL.
EN: $3.1129/ 2.9795
SL: 2.8859
TP: 3.9287
RR: 4.6
Confirmation based entry only!
#SUI Cup with handle📊#SUI Cup with handle 📈
🧠From a structural point of view, we have built a bullish cup with handle near the support area, so we may continue to rise according to this structure. The red area is the target area of the long structure in different cycles, so we need to be wary of the selling pressure here.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BINANCE:SUIUSDT
SUI - Great bounce from 0.75 fib levelSUI follwing the plan. Small pullback was expected. Now gearing up for next leg. SUI/USDT
SUIUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
SUIUSDT potential Up trend continuationSUIUSDT recently pulled back to the support level at $3.00, taking liquidity below last week's low. The market formed a descending triangle pattern, characterized by lower highs, indicating a price squeeze. A descending triangle is typically a bearish pattern that anticipates a downward trend breakout.
However, the market has broken above the downward trendline, suggesting a potential bullish reversal. If the price closes above this trendline, it may continue moving higher, following a contraction-expansion price action pattern. The target is the resistance zone around $3.83
Lingrid | SUIUSDT contraction EXPANSION pattern. LongBYBIT:SUIUSDT pulled back to the support level at 3.00, then bounced back by taking liquidity below last week's low. Additionally, the market formed a descending triangle pattern characterized by lower highs, indicating a price squeeze. Recently, the market broke the downward trendline, and I believe the price may rise further if it closes above this trendline. I expect the price to continue moving higher, as we are seeing a contraction-expansion price action pattern. My goal is resistance zone around 3.8300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Massive Move Ahead? SUI Hourly Chart Signals Big Opportunities!BINANCE:SUIUSDT is currently experiencing a phase of consolidation, as highlighted in a recent 1-hour technical analysis. The pair is nearing critical resistance and support levels, which could lead to potential breakouts or rebounds soon. Key resistance points are set at $3.3958, $3.4193, and $3.4221, while support levels are identified at $3.2894, $3.2621, and $3.2462.
The analysis indicates that short-term price movements are under minor bearish pressure, remaining below the 9 EMA. However, the proximity of the 9 EMA to the 20 EMA suggests a possible reversal if resistance levels are breached. A close above $3.3958 could pave the way for further upward movement.
Mixed momentum signals are evident in the MACD and RSI indicators. The MACD histogram has shifted from bullish to bearish, indicating weakening momentum, while the RSI hovers around neutral territory. A return to positive MACD territory could support a bullish outlook, whereas sustained bearish momentum may test lower support levels.
For traders, entering long positions upon a confirmed breakout above $3.3958 could be strategic, with profit targets at $3.4193 and $3.4221. Conversely, short positions may be considered if the price fails to break resistance, with potential exit points near $3.2621 or $3.2462.
SUI Possible New ATH, AgainLooking at the Oscillator's curves I circled, that means the current CRYPTOCAP:SUI Price Action is oversold.
we are very close to Alt seasons, indicated by CRYPTOCAP:ETH rally. So, there's a big chance that smart moneys will start to accumulate the big caps of alt coins.
Well, SUI is one of the best alt coins out there.
My personal target
TP 1 $5
TP 2 $10
Friendly reminder, I don't set stop losses as I'm not doing derivatives market
Alt seasons is coming very soon, do not lose your money by speculating low to no market caps coins! it's always a great choice to bet on bluechips and large caps
SUI potential longhello and greetings to everybody.
today we have almost a perfect setup to execute and I will explain the details in a minute so bear with me.
in the 1h picture, we clearly have a bullish structure and price in my opinion finished the pullback phase and is ready to go higher.
we came to a 1h demand and after that, the price broke the structure and gave us the confirmation but the other thing is before that move the price sold very aggressively to the downside and liquidated all those orders then gave us a shift in market structure shift and also that low that got liquidated was the previous day low too.
I'm thinking at this point that the price will probably go and will take out the external liquidity or maybe the week high.
so I opened an order set it at a 15-minute order block and targeted all those liquidity to the upside that is marked on the chart and if we get tagged in the order after that BE line I'm gonna go break even.
for context, the blue dots are our current micro range that I mark personally.
that is it, thanks for reading.
SUIIt is going as planned. Final target Wave 3 would be around 5.3. Then I expect to see some correction to print wave 4.
Sui Breakout Dynamic Channel After a reasonable price growthIf the price correction was slow and accompanied by a decrease in orders, we can hope for a red zone
$SUIUSDT - Strong Support. Huge pushg from hereBINANCE:SUIUSDT - Strong support zone identified for SUI. Strong push from here. All the best guys.
SUI Outlook H4The form of a Bull Flag pattern, there is rejection in the RSI which indicates many buyers,
there is potential for BMS, if there is a price will head to the first BSL at 39300, and at fibbonaci 1,618 at 43047
if there is a correction and BMS fails to occur the price can fall to entry 1 and 2, if it is still held at entry 2, the bull flag is still confirmed, otherwise the price will fall to the nearest SSL
