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SUI on Red Alert: Violent Drop of -30% May Explode!
On 07/31, $SUI lost the support of $3.68, activating a scenario for a deeper correction, projecting a drop of up to 30%, with a direct target in the region of approximately $2.57, where there is strong liquidity accumulation. #SUİ #BTC #Bear #BearishSeason
Possible 30% Correction Scenario for SUI
After the break of support, the first drop took the price to $3.59. Then, there was a temporary recovery that pushed SUI up to $4.18, merely configuring a retest below the broken channel. Selling pressure returned to dominate, and the asset formed a new bottom at $3.31, before making another upward correction movement, reaching $3.87, a region that coincides with the 0.5 Fibonacci retracement of the corrective wave.
Possible 30% Correction Scenario for SUI
After the break of support, the first drop took the price to $3.59. Then, there was a temporary recovery that pushed SUI up to $4.18, merely configuring a retest below the broken channel. Selling pressure returned to dominate, and the asset formed a new bottom at $3.31, before making another upward correction movement, reaching $3.87, a region that coincides with the 0.5 Fibonacci retracement of the corrective wave.
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If you think it has fallen a lot, it may just be the beginning of the SUI correction!
On July 31, the $SUI lost the support of $3.68, activating a deeper correction scenario, projecting a drop of up to 30%, with a direct target in the region of approximately $2.57, where there is strong liquidity accumulation. #BearishAlert #sui
Possible correction scenario for SUI with Elliott waves
After breaking the support, the first drop took the price down to $3.59. Then, there was a temporary recovery that pushed SUI up to $4.18, configuring only a retest below the broken channel. Selling pressure returned to dominate and the asset formed a new low at $3.31, before making another upward correction movement, reaching $3.87, a region that coincides with the 0.5 Fibonacci retracement of the corrective wave.
Possible correction scenario for SUI with Elliott waves
After breaking the support, the first drop took the price down to $3.59. Then, there was a temporary recovery that pushed SUI up to $4.18, configuring only a retest below the broken channel. Selling pressure returned to dominate and the asset formed a new low at $3.31, before making another upward correction movement, reaching $3.87, a region that coincides with the 0.5 Fibonacci retracement of the corrective wave.
The 6 charts that are more important than BTC atm for you to see
Have a look you will be surprised. The charts for me those are more important than BTC chart or Ethereum chart right now, and seeing them there's nothing change in the market at all. Everything is perfectly aligned and almost ready, but as you know minority always wins. If the below chart have disturbance and changing their structures, I will change my bias then only. Obviously there's a one chart of BTC Domincance. Let me know the names of all the mentioned charts.
$ETH
$ETH
S
XNYUSDT
Perp
Closed
PNL
+47.92USDT
“Bull vs Bear – Simple Explanation”
🐂 Bull Market = Prices up
🐻 Bear Market = Prices down
💬 Simple: Bull happy hota hai, bear sad hota hai 😄
#cryptoeducation #LearnCrypto #BinanceSquare #bullish #Bear
🐂 Bull Market = Prices up
🐻 Bear Market = Prices down
💬 Simple: Bull happy hota hai, bear sad hota hai 😄
#cryptoeducation #LearnCrypto #BinanceSquare #bullish #Bear
Bitcoin Price Analysis – Mild Bearish Trend and Possible Correction Ahead
As of now, Bitcoin (BTC) is trading at around $120,064. The market structure is showing signs of short-term weakness, with sellers gaining slight control near resistance levels. Technical indicators suggest that BTC could face a minor pullback or correction from this zone before finding strong support.
In the short term, traders should watch key levels around $118,500 – $117,000 for potential rebounds. A break below these zones may lead to further downside pressure, while holding above them could signal consolidation before the next bullish leg.
Overall, Bitcoin remains in a long-term uptrend, but short-term traders should be cautious of volatility and manage risk accordingly.
#BTC #Bear $BTC $BNB
As of now, Bitcoin (BTC) is trading at around $120,064. The market structure is showing signs of short-term weakness, with sellers gaining slight control near resistance levels. Technical indicators suggest that BTC could face a minor pullback or correction from this zone before finding strong support.
In the short term, traders should watch key levels around $118,500 – $117,000 for potential rebounds. A break below these zones may lead to further downside pressure, while holding above them could signal consolidation before the next bullish leg.
Overall, Bitcoin remains in a long-term uptrend, but short-term traders should be cautious of volatility and manage risk accordingly.
#BTC #Bear $BTC $BNB
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Tonight at 9 PM, BERA will be listed on Binance and OKX. Brothers, you can pay attention to it.
BERA belongs to a public chain and has raised $142 million.
Token Economics: 1. The total supply of BERA at launch is 500 million tokens.
2. There is no cap on BERA's supply (the annual inflation rate is 10% based on the issuance type).
3. HODLer airdrop token rewards amount to 10 million BERA (accounting for 2% of the total Genesis token supply).
4. The circulating supply when listed on Binance is 107,480,000 BERA (accounting for 21.50% of the total Genesis token supply).
Currently, the pre-market price is around $8.5, corresponding to a market value of about $900 million.
Given the current poor expectations in the altcoin market, especially for new coins, if the opening price meets expectations, the likelihood of a subsequent drop is high. If the opening is low, it may rise after digesting the airdrop selling pressure.
If it opens at $8, a large amount of airdrop selling pressure may very likely push the price down to a lower level, so it's not recommended to rush in at the opening. Let's see if there are opportunities after a potential cut in half.
BERA belongs to a public chain and has raised $142 million.
Token Economics: 1. The total supply of BERA at launch is 500 million tokens.
2. There is no cap on BERA's supply (the annual inflation rate is 10% based on the issuance type).
3. HODLer airdrop token rewards amount to 10 million BERA (accounting for 2% of the total Genesis token supply).
4. The circulating supply when listed on Binance is 107,480,000 BERA (accounting for 21.50% of the total Genesis token supply).
Currently, the pre-market price is around $8.5, corresponding to a market value of about $900 million.
Given the current poor expectations in the altcoin market, especially for new coins, if the opening price meets expectations, the likelihood of a subsequent drop is high. If the opening is low, it may rise after digesting the airdrop selling pressure.
If it opens at $8, a large amount of airdrop selling pressure may very likely push the price down to a lower level, so it's not recommended to rush in at the opening. Let's see if there are opportunities after a potential cut in half.
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