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Suiusdtanalysis

Sui(SUI) Roadmap!!!Today, I want to analyze the Sui( BINANCE:SUIUSDT ) project , which has seen a good increase in these days, and show you its roadmap . The recent price surge of the SUI token can be attributed to several key factors : 1- Increased Transaction Volume : Sui Network recently surpassed Solana in terms of transaction volume. This uptick in transactions is largely driven by the rise of meme coins on the Sui blockchain, which has caught the attention of traders and investors alike. 2- Strategic Partnerships and Institutional Adoption : Sui Network has formed strategic partnerships, notably with Grayscale and Circle. The launch of the Grayscale SUI Trust has enabled institutional investors to gain exposure to SUI, boosting interest and liquidity. Additionally, the integration of USDC through Circle’s Cross-Chain Transfer Protocol has enhanced the network’s utility in DeFi and gaming sectors. 3- New SCION Technology : Sui introduced SCION, a new network infrastructure designed to enhance security and reduce latency in Web3 applications. This innovation has further bolstered confidence in the network, attracting more users and developers. It seems that according to the good news that has come for the Sui project , the increase of the SUI token will continue, but it will probably experience a small correction to increase again. Currently, SUI is moving near the Resistance lines and the Potential Reversal Zone(PRZ)($3.00-$2.50) . According to the theory of Elliot waves , SUI seems to be completing the main wave 3 . ( It is completing the microwave 5 of the main wave 3 ). I expect SUI to rise another +20% or so and then start to correct. SUI correction can be -20% to -40% . Sui Analyze (SUIUSDT), Daily time frame⏰. 🔔 Be sure to follow the updated ideas. 🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
32
SUI Recovery in Play: Targeting $1.44 After Key BreakoutAfter reaching an all-time high (ATH) above $2 at the end of March, SUI entered a correction that pushed the coin below the key $1 level, reaching a low just under $0.50 on August 5th. However, SUI quickly recovered, and by August 8th, the SUI/USDT pair had broken above the falling resistance line of the channel, hitting a high above $1 on August 12th. Following this move, the coin consolidated below this critical level, forming a clear higher low around the $0.75 zone. Currently, SUI is trading back above $1, sitting just below an important technical resistance. A breakout above this resistance appears imminent, with the first target for further upside being $1.44, representing a potential 40% rise. Looking further ahead, if the broader crypto market continues to show optimism toward the end of the year, SUI could potentially retest its previous ATH above $2.
Long
by Mihai_Iacob
1
SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains. Current Price: Around $1.02 Optimal Entry Zone: $0.75 to $1.00 Target: $2.58 (154% potential gain) Resistance: A breakout above this level could unlock major upside potential Lower Support: Strong support around $0.50 Two Potential Scenarios: Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal. Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate. Strategy: To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction. A breakout above this key resistance could see SUI reaching new highs. This is a setup worth watching, especially for those looking to accumulate on retests. Please keep it on your radar! Not financial advice. DYOR! Want more setups for spot and futures? Follow me and like this post! Thank you #PEACE
Long
by Cryptorphic
SUIUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth. Entry: Market and lower (im in pos + limit order at 0.7) Targets: 3 - 5 - 7 - 12 Longterm target zone: 10 - 15$ after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 8 risk is justified It's not financial advice. DYOR!
Long
by trytofeelpositive
5