#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.95
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.03
First target 2.13
Second target 2.23
Third target 2.35
SUIUSDT.5L trade ideas
#SUI/USDT
#SUI
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.70
Entry price 1.79
First target 1.88
Second target 2.03
Third target 2.16
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
1.89
Entry price 1.89
First target 2.00
Second target 2.08
Third target 2.14
Lingrid | SUIUSDT continues to CONSOLIDATE after SURGEThe price perfectly fulfills my last idea. It hit the target level. BINANCE:SUIUSDT is currently consolidating around the round number of 2.00. It may continue moving sideways, particularly after the recent fake breakout of the all-time high level formed in March. If you zoom out, you can see that the price action is forming a triangle pattern. I believe there is a possibility that the price may retest the 1.50 support level, which would be a healthy pullback that could lead toa new higher highs. Given that the market is moving sideways, I expect it to retest the recent support level from the psychological level at 2.00. My goal is support zone around 1.7450
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Alikze »» SUI | Descending channel - 4H🔍 Technical analysis: Descending channel - 4H
- It is moving in a descending channel in the 4-hour time frame.
- Currently, the supply area is facing sales pressure.
- According to the correction structure in the 4-hour time frame, if there is no ability and stabilization above the number 1.95, the correction will continue until the area of 1.56.
- The 1.56 range can have short-term targets of 1.66 and 1.75 if it meets demand.
- In addition, in case of selling pressure in the range of 1.75, the correction will extend to the green box.
💹 Support zones in the case of extension of the correction log: 1.30 - 1.23 - 1.13
💎Alternative scenario, if it can consolidate above 1.95, could have short-term targets of 2.14 and 2.34.
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BINANCE:SUIUSDT
Simple Analysis of SUI/USDT Movement Based on the ChartSimple Analysis of SUI/USDT Movement Based on the Chart
The chart shows that SUI is trading near a strong ascending trendline, which increases the likelihood of an upward bounce from this level.
Support and Resistance Levels:
Main Support: $1.8041, which serves as a key support area for a potential price rebound.
First Target: $2.2240, indicating a potential increase of 70%.
Higher Potential Target: $3.0683 if the uptrend continues.
$SUIUSDT : Ready for a Comeback Breakout!BINANCE:SUIUSDT is attempting to break out from resistance after a recent false breakout and subsequent retracement. With layer 1 blockchains gaining momentum, there’s potential for a significant upward move. Traders should keep an eye on key resistance levels as the price makes this push.
It's crucial to manage risk effectively: always use a stop loss and only invest a small portion of your capital in any trade. This approach will help safeguard your investment while positioning you for potential gains. Follow us for more signals!
BINANCE:SUIUSDT Currently trading at $2
Buy level: Above $2
Stop loss: Below $1.45
TP1: $3
TP2: $4.5
TP3: $6
TP4: $7
Max Leverage 3x
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SUI Update (1 Minute Read)SUIUSDT stopped to rest on the weekly timeframe, this is not good. In March we saw the same and what followed was a strong correction.
➖ First there was a TOP. The start of the bearish impulse produced two red candles. One week was of rest and then a bearish continuation happened.
➖ Right now the same price pattern is repeating. We have a top, the start of a bearish impulse with two red candles and last week closed green (rest). What comes next is very likely a bearish continuation.
Thank you for reading.
Namaste.
SUI, bound for SUI-PER gains soon, multiple x prospect!SUI has corrected heavily this past few weeks after touching a parabolic high at 2.0 zone. It trimmed down weightily to 0.6 area -- almost x3 from its highs.
Now, SUI is hinting of a massive reversal after recent price breakout on its persistent bear channel structure.
Expect some significant price recovery from the current zone of 0.80 with a possible re-tap of previous highs at around 2.0 ++.
The current price point is an attractive seeding opportunity. This is a major order block where buyers will converge now. SUI visual data diagram is too tidy to be missed. The clues are obvious.
Spotted at 0.80
Interim target set at 2.0
TAYOR.
SUI/USDT is in a downtrend within a descending channel, nearing SUI/USDT is in a downtrend within a descending channel, nearing strong support at 1.70.
1. A breakout above the channel could target 2.00+.
2. Reversal from support may ignite a rally.
Bullish signs ahead if support holds! 📈 #SUI #Crypto #TechnicalAnalysis #Trading #CryptoMarket
SUIUSDT / SHORT / M15SUIUSDT.P may fall from the bearish order block.
Bearish Order Block: 1.9177 and 1.9332
SUIUSDT is positioned to decline from the bearish order block. With a high probability setup, we’re watching closely to see how price action unfolds here. Let’s stay tuned!
SUIUSDT / SHORT / M15
LEVERAGE :-75X
Entry Price :- 1.9181
Take Profit :- 1.8740
Stop Loss :- 1.9622