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🚀 $SUI Trade Setup: Ready for the Ride? 📈 Market Structure: $SUI is showing bullish momentum, trading at ~$3.66 after a +5.95% surge in 24h (CoinMarketCap). It’s above the Ichimoku cloud on the 4H chart, signaling a strong uptrend with support at $3.40-$3.50. Resistance looms at $4.00-$4.40. **Price Action**: A breakout above $3.30 confirms a rounding bottom pattern. High volume backs the move, with Fibonacci levels eyeing $3.96 (.618) and $5.35 (prior high). Watch for a retest of $3.50 as a buy-back zone. **Trade Setup**: - Entry : $3.60-$3.62 (post-pullback to support). - **Targets**: T1: $3.80, T2: $4.00, T3: $4.40. - **Stop-Loss**: $3.40 (below Fair Value Gap). - **Risk/Reward**: 1:2.5. Long above cloud, scale profits at resistance. **Why It Matters**: Sui’s DeFi ecosystem is booming, with $500M in bridged USDC and top-10 TVL. Institutional interest (Grayscale’s SUI trust) fuels the rally. A break past $4.00 could trigger a run to $7.03-$9.64 if BTC.D drops. **Pro Tips**: - Use BB Squeeze for breakout signals on 15m/3m charts. - Monitor volume at $3.80 for rejection or continuation. - Set alerts for BTC.D shifts to catch altcoin pumps. - Always use stop-loss in volatile crypto markets. Buckle up, traders! $SUI’s ready to roll. 🚗💨 #SUI #Binance #CryptoTrading #TradeSetup
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🚀 Strategy’s $84B Bitcoin Plan Gets Wall Street Nod 📈 Strategy (MSTR) ups its Bitcoin game, targeting $84B in capital raises to boost BTC holdings, backed by Benchmark & TD Cowen’s buy ratings. Aiming for 25% BTC yield & $15B gains by 2025, MSTR has already raised $28.3B. Analysts praise its first-mover edge as bitcoin nears $97K. #Bitcoin #MSTR #CryptoInvesting $BTC
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🚨 IRS Crypto Leaders Exit After DOGE Deals 🚨 Seth Wilks and Raj Mukherjee, key IRS crypto initiative directors, resigned after accepting voluntary buyouts from the Department of Government Efficiency. The pair, who joined in Feb 2024 from TaxBit and Binance.US, led efforts on crypto tax reporting, compliance, and the 1099-DA form. They're now on paid leave until September. Over 20,000 IRS staff took similar deals, per NYT. #CryptoTax #IRS税收 #DOGE $DOGE
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🥇 Top Crypto Gainers & Losers: Thursday, May 2 📈 Top Gainers: StakeStone ($STO) +38.0% Haedal Protocol ($HAEDAL) +36.0% Just a chill guy ($CHILLGUY) +28.9% 📉 Top Losers: Alpaca Finance ($ALPACA) -45.6% WEMIX ($WEMIX) -31.5% Mansory Token ($MNSRY) -21.5%
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