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
SUIUSDT.5S trade ideas
SUI Short Positionin the bigger picture price is pulling back after changing structure and currently is in a pullback phase.
(that why the 15min is bearish) and we can use this in our favor and take a short position to the higher time frame demand.
so the red dots are our current 15-minute range that I marked and the recent dots are our latest range I'm looking to short the price to the liquidities above the marked demand and hopefully, price tag us in and we go lower.
(1:2.5RR)
extra confluence is the high in our range actually swept all the liquidities in its left and potentially could be respected
I see channels everywhere:)As always, we start with cycles:
HWC = upward trend
MWC=range
LWC=The trend is downward
For long position: 📈For me, I trade with failure
I will wait until the resistance of 2.3448 is broken so that I can open a long position
Since we have both the DOW confirmation and the breakout channel, I think it would be a good place to position. Another confirmation Pay attention to the reduction in volume during the shedding process
For shorts position: I📉 will wait until the support of 1.5996 breaks
I will not open before that, I respect the upward trend
If you want me to analyze a coin, tell me in the comment🫡
⚠️ Do capital management to survive ⚠️
SUI Update: Conditions Have Not ChangedSince my last update for you we had a triangular top and the ensuing drop... What about now?
Good morning my dear reader, let's look at SUIUSDT again and see what the chart is currently saying.
We will cut through the analysis and go straight to what you want to know: Is the retrace over? Will SUIUSDT resume growing now or is it likely we see lower prices next?
➢ Based on the chart. The trading pair remains bearish below the last peak and the triangle baseline. The triangle baseline sits around $2.08, the last high was $2.36. SUI's bearish potential remains active below these levels.
➢ My opinion. Based on the broader market, there is still a major low in the cards before SUI's next bullish wave develops in full force.
Just as it took 131 days for SUI to hit bottom after March's peak, it would take a few more days for SUI to hit bottom from its current (October) peak.
The time it would take now for the bottom to hit would be much shorter because the recent bullish wave was much smaller.
The previous bullish wave lasted 159 days while the current one only lasted 69 days. So the bottom is getting close. Wait for the bottom before going LONG.
👉 We continue bearish on SUIUSDT.
Patience is key.
Thanks a lot for your continued support.
Namaste.
SUIUSDT.P / SHORT / M15SUIUSDT may come down from the Bearish Order Block
Bearish Order Block: 1.9783 and 1.9591
SUIUSDT could see a decline from the bearish order block zone, where the price is currently situated. This setup has a high probability of ending profitably, based on my Smart Money Concepts (SMC) analysis, which has shown a strong success rate. Let’s watch how the price reacts in this area.
SUIUSDT.P / SHORT / M15
LEVERAGE :- 10X
Entry price :- 1.9588
Take Profit :- 1.8598
Stop Loss :- 2.0568
SUI roadmap (1D)It seems to be forming a bullish diametric since SUI was listed on the exchanges.
According to each wave of this diametric, such a movement is expected from SUI.
We have two demands in which we are looking for buy/long positions.
For medium-term buy, low demand is suitable.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SUI levels now at equilibriumAs outlined on Coinmarketcap, CRYPTOCAP:SUI needed to touch $1.61, and we needed the pullback. We have since done that and now sit on the edge. We can pull back further, but this is also a base for support now.
Time will tell unlock in just over 3 days coming.
Neutral outlook now
SUI: Will it hold steady? This week, SUI is set to release 64.19 million tokens, valued at over $100 million, as part of a scheduled token unlock. This influx represents 2.32% of SUI’s circulating supply, sparking speculation on how this event may impact the token’s price.
With a current market cap of approximately $4.6 billion and a circulating supply of 2.76 billion tokens, it stands at a critical juncture as it prepares to navigate the effects of this release.
As the 64.19 million SUI tokens become liquid, there is potential for increased selling pressure. This is common during token unlocks when early investors and team members gain access to previously locked assets.
Given that this unlock represents over 2% of the circulating supply, a substantial number of these tokens entering the open market could exert downward pressure on SUI’s price if holders decide to sell.
In the event of a selloff due to the unlock takes place, SUI’s price may test critical support levels. The 50-day moving average at $1.69 serves as the immediate support level.
If breached, it could lead to further declines toward the $1.50 mark, where buyer interest might strengthen.
Historical patterns from previous unlocks indicate that such events can heighten market volatility as traders react to the sudden increase in supply.
If it fails to maintain its current price levels, it may experience a short-term struggle for recovery. Conversely, if it can remain above the 50-day moving average, this could encourage buyers to reenter the market.
SUI needs small correction to continue again...Currently, SUI is moving near the Resistance lines and the Potential Reversal Zone; as you see in 4h channel. SUI has been increase about 360% in two months. It seems that according to the good news that has come for the Sui project, the increase of the SUI token may continue, but it will experience a correction to increase again.
I expect SUI correction can be 20% - 30%. Follow the chart.
Enter: 2.25
TP1: 2.15
TP2: 2.0
TP3: 1.95
SL: 2.40
** Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.