Trade ideas
SUI/SOL Trendline Breakout with 257% Upside PotentialAfter months of trading within a downtrend, SUI/SOL has broken out above its descending trendline, indicating a potential reversal in trend. Here's a closer look:
1️⃣ Trendline Breakout:
The downtrend that began in mid-2023 has now been invalidated by a decisive breakout above the resistance trendline.
This breakout is backed by strong price momentum and increasing volume, suggesting growing buyer interest.
2️⃣ Measured Move Target:
By measuring the previous swing range, the upside potential targets a move of 257%, as shown in the projection box on the chart.
The price could potentially rise to the 0.06 zone, aligning with historical price resistance levels.
3️⃣ Key Resistance Levels:
Immediate Resistance: 0.019 (breakout retest area).
Major Target Zone: 0.061.
Trade Plan:
✅ Entry: Look for a retest of the breakout zone around 0.017 - 0.019 for confirmation.
✅ Stop-Loss: Place stops below the descending trendline 0.015
✅ Take Profit: Gradually scale out at 0.045 and 0.06.
Macro Context 🌏
With positive sentiment building across the crypto markets, SUI could see significant upside compared to other layer 1s like SOL, particularly if it sustains above the breakout zone.
#SUI/USDT / Ready to go up#SUI
The price is moving in a descending channel on a 15-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.20
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.27
First target 2.32
Second target 2.37
Third target 1.45
$SUI possible correction!A macro-level analysis suggests that while SUI lacks an extensive price history, its current market structure appears robust and shows bullish momentum. The trajectory points toward continued upward movement, interspersed with expected pullbacks, which remain difficult to predict in terms of depth. Over time, the asset has the potential to breach the $10 mark, signaling a shift into double-digit territory.
The recent data highlights a likely flat formation for the second wave, though an impulsive B wave broke prior resistance levels, forming a distinct 5-wave pattern. This progression supports the idea of the asset working toward an extended third wave in a higher-degree trend.
#SUI Short Setup IdeaTime to short BINANCE:SUIUSDT ?
After the huge rally we see price peaking and slowly losing momentum
It recently did a MSS - Market Structure Shift taking liquidity and moving up into the supply zone
Below the most recent swing low there is a 1H FVG inside a 4H FVG, which acts as a strong magnet, so price should see a rejection inside the supply zone (current price), and drop to that zone
First target should be the most recent swing low
Second target 1H FVG
SUI price need correctionCRYPTOCAP:SUI price has fulfilled all of its goals and even more.
Now, according to the canons of TA, the OKX:SUIUSDT price should correct and "test" the liquidity zone of $1.90-2.30.
And from there, the pair could continue to grow and update the ATH.
The critical level for the trend to continue is $1.60
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#SUI Rising Wedge 📊#SUI Rising Wedge 📉
🧠From a structural point of view, we broke through the staged resistance zone, and the resistance zone turned into a support zone.
➡️From a graphical point of view, a rising wedge was formed near the resistance line, and we generally fell according to this model.
⚠️However, the overall trend belongs to a bullish trend, so shorting is a counter-trend transaction, which requires some conservativeness. After the callback occurs, try to focus on long transactions
Let's see👀
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BINANCE:SUIUSDT















