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$SUI
SUI - Leveraging Fibonacci & Elliott for Precision Trades
SUI’s movement is rapid, sharp swings—both up and down. In volatile conditions like this, we aim 0.702–0.786 fib retracements (and occasionally 0.886 in harmonic contexts) for high‑probability entries. Below is a clear, Elliott-focused breakdown of the current setup and both long and short trade plans.
Before diving into the charts, let’s cover the basics of Elliott Wave Theory. Elliott Wave Theory provides a roadmap for market psychology by dividing price action into two distinct phases:
1. Impulse Phase (Waves 1–5)
Wave 1: The spark that ignites a new trend as early adopters push prices beyond the prior range.
Wave 2: A corrective pullback that tests the strength of the emerging trend, often retracing 38–61.8%.
Wave 3: The powerhouse wave—typically the longest and most dynamic—driven by broad market participation and often extending to key Fibonacci levels (1.618, 2.618).
Wave 4: A consolidating correction that digests gains and builds the base for the final thrust; it must not overlap Wave 1 territory in a classic impulse.
Wave 5: The final leg of the advance, often fueled by last bursts of optimism and weaker hands.
2. Corrective Phase (Waves A–B–C)
Wave A: Initial counter-trend reaction as profit-taking begins.
Wave B: A deceptive retracement back toward the trend, frequently trapping traders.
Wave C: The concluding leg of the correction, which typically tests or breaks the low of Wave A before the next cycle begins.
Key Points:
Impulse waves showcase momentum and structural clarity, often aligning with Fibonacci extensions.
Corrective waves follow Fibonacci retracements (38.2%, 50%, 61.8%), offering optimal entry points.
Wave 3 is seldom the shortest; Wave 4’s complexity sets the stage for Wave 5’s final push.
In the current SUI structure:
Wave 1 ignited the initial rally.
Wave 2 delivered a healthy retracement, a pullback close to the 0.618 fib, setting the stage for stronger momentum.
Wave 3 roared to a powerful peak topped at the 2.618 extension ($3.875)
Now,
SUI - Leveraging Fibonacci & Elliott for Precision Trades
SUI’s movement is rapid, sharp swings—both up and down. In volatile conditions like this, we aim 0.702–0.786 fib retracements (and occasionally 0.886 in harmonic contexts) for high‑probability entries. Below is a clear, Elliott-focused breakdown of the current setup and both long and short trade plans.
Before diving into the charts, let’s cover the basics of Elliott Wave Theory. Elliott Wave Theory provides a roadmap for market psychology by dividing price action into two distinct phases:
1. Impulse Phase (Waves 1–5)
Wave 1: The spark that ignites a new trend as early adopters push prices beyond the prior range.
Wave 2: A corrective pullback that tests the strength of the emerging trend, often retracing 38–61.8%.
Wave 3: The powerhouse wave—typically the longest and most dynamic—driven by broad market participation and often extending to key Fibonacci levels (1.618, 2.618).
Wave 4: A consolidating correction that digests gains and builds the base for the final thrust; it must not overlap Wave 1 territory in a classic impulse.
Wave 5: The final leg of the advance, often fueled by last bursts of optimism and weaker hands.
2. Corrective Phase (Waves A–B–C)
Wave A: Initial counter-trend reaction as profit-taking begins.
Wave B: A deceptive retracement back toward the trend, frequently trapping traders.
Wave C: The concluding leg of the correction, which typically tests or breaks the low of Wave A before the next cycle begins.
Key Points:
Impulse waves showcase momentum and structural clarity, often aligning with Fibonacci extensions.
Corrective waves follow Fibonacci retracements (38.2%, 50%, 61.8%), offering optimal entry points.
Wave 3 is seldom the shortest; Wave 4’s complexity sets the stage for Wave 5’s final push.
In the current SUI structure:
Wave 1 ignited the initial rally.
Wave 2 delivered a healthy retracement, a pullback close to the 0.618 fib, setting the stage for stronger momentum.
Wave 3 roared to a powerful peak topped at the 2.618 extension ($3.875)
Now,
Introducing Space and Time (SXT) on Binance Launchpool! Farm SXT by Locking BNB, FDUSD and USDC
This is a general announcement. Products and services referred to here may not be available in your region.
IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading starting at 2025-05-08 13:00 (UTC). Any claims to offer the token(s) for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the 69th project on Binance Launchpool - Space and Time (SXT), a Microsoft-backed blockchain for ZK-proven data. The webpage is estimated to be available in 12 hours, before the Launchpool starts.
Users will be able to lock their BNB, FDUSD and USDC to receive SXT airdrops over 2 days, with farming starting from 2025-05-06 00:00 (UTC).
Listing
Binance will then list SXT at 2025-05-08 13:00 (UTC) and open trading with SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD and SXT/TRY trading pairs. The Seed Tag will be applied to SXT.
*Please note that SXT will be available on Binance Alpha and can be traded on Binance Alpha from 2025-05-08 12:00 (UTC), but SXT will no longer be showcased on Binance Alpha after spot trading opens
SXT Launchpool Details:
Token Name: Space and Time (SXT)
Total Token Supply: 5,000,000,000 SXT
Max Token Supply: 5,000,000,000 SXT
Launchpool Token Rewards: 125,000,000 SXT (2.5% of total token supply)
An additional 25,000,000 SXT will be allocated to the other marketing campaigns (in batches) after spot listing.Details will be shown in a separate announcement.
An additional 50,000,000 SXT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement.
Initial Circulating Supply When Listed on Binance: 1,400,000,000 SXT (28.00% of total token supply)
Smart Contract/ Network Details:
Ethereum , 0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195
Base, contract address will be updated in 48 hours
This is a general announcement. Products and services referred to here may not be available in your region.
IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading starting at 2025-05-08 13:00 (UTC). Any claims to offer the token(s) for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the 69th project on Binance Launchpool - Space and Time (SXT), a Microsoft-backed blockchain for ZK-proven data. The webpage is estimated to be available in 12 hours, before the Launchpool starts.
Users will be able to lock their BNB, FDUSD and USDC to receive SXT airdrops over 2 days, with farming starting from 2025-05-06 00:00 (UTC).
Listing
Binance will then list SXT at 2025-05-08 13:00 (UTC) and open trading with SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD and SXT/TRY trading pairs. The Seed Tag will be applied to SXT.
*Please note that SXT will be available on Binance Alpha and can be traded on Binance Alpha from 2025-05-08 12:00 (UTC), but SXT will no longer be showcased on Binance Alpha after spot trading opens
SXT Launchpool Details:
Token Name: Space and Time (SXT)
Total Token Supply: 5,000,000,000 SXT
Max Token Supply: 5,000,000,000 SXT
Launchpool Token Rewards: 125,000,000 SXT (2.5% of total token supply)
An additional 25,000,000 SXT will be allocated to the other marketing campaigns (in batches) after spot listing.Details will be shown in a separate announcement.
An additional 50,000,000 SXT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement.
Initial Circulating Supply When Listed on Binance: 1,400,000,000 SXT (28.00% of total token supply)
Smart Contract/ Network Details:
Ethereum , 0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195
Base, contract address will be updated in 48 hours
U.S. Treasury Secretary Anticipates Imminent Trade Agreement
According to BlockBeats, U.S. Treasury Secretary Besent expressed optimism about the proximity of reaching several trade agreements. He indicated that a deal might be finalized as early as this week.
According to BlockBeats, U.S. Treasury Secretary Besent expressed optimism about the proximity of reaching several trade agreements. He indicated that a deal might be finalized as early as this week.
U.S. Lawmakers Propose Regulatory Framework for Digital Assets
AI Summary
According to BlockBeats, key members of the U.S. House of Representatives have released a draft bill aimed at establishing a regulatory framework for digital assets in the United States. The proposal was introduced by French Hill, Chairman of the House Financial Services Committee, G.T. Thompson, Chairman of the House Agriculture Committee, Bryan Steil, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, and Dusty Johnson, Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. This initiative seeks to address the growing need for clear regulations in the digital asset sector.
AI Summary
According to BlockBeats, key members of the U.S. House of Representatives have released a draft bill aimed at establishing a regulatory framework for digital assets in the United States. The proposal was introduced by French Hill, Chairman of the House Financial Services Committee, G.T. Thompson, Chairman of the House Agriculture Committee, Bryan Steil, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, and Dusty Johnson, Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. This initiative seeks to address the growing need for clear regulations in the digital asset sector.
#MarketPullback
Markets are sliding with BTC dropping below $94k, ETH below $1,800 and SOL below $145. Sentiment remains cautious as traders weigh the next move.
💬 Are you buying the dip—or waiting it out? What signs would make you confident to re-enter the market?
#USStablecoinBill
The future of the U.S. Senate’s stablecoin bill is now uncertain. Despite bipartisan progress, nine pro-crypto Democrats—four of whom previously backed the bill—have pulled support, citing concerns over national security and AML provisions. Reports say Senators Schumer and Warren are urging colleagues to reject the proposal—highlighting ongoing political divisions around stablecoin oversight.
💬 Will regulatory uncertainty in the U.S. continue to hold back stablecoin innovation? How might this affect stablecoin adoption and user trust moving forward?
👉 Create a post with the #MarketPullback , #USStablecoinBill or the $SOL cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-05 06:00 (UTC) to 2025-05-06 06:00 (UTC)
Points rewards are first-come, first-served. Daily check-in points have been replenished, so be sure to claim your points daily!
Markets are sliding with BTC dropping below $94k, ETH below $1,800 and SOL below $145. Sentiment remains cautious as traders weigh the next move.
💬 Are you buying the dip—or waiting it out? What signs would make you confident to re-enter the market?
#USStablecoinBill
The future of the U.S. Senate’s stablecoin bill is now uncertain. Despite bipartisan progress, nine pro-crypto Democrats—four of whom previously backed the bill—have pulled support, citing concerns over national security and AML provisions. Reports say Senators Schumer and Warren are urging colleagues to reject the proposal—highlighting ongoing political divisions around stablecoin oversight.
💬 Will regulatory uncertainty in the U.S. continue to hold back stablecoin innovation? How might this affect stablecoin adoption and user trust moving forward?
👉 Create a post with the #MarketPullback , #USStablecoinBill or the $SOL cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-05 06:00 (UTC) to 2025-05-06 06:00 (UTC)
Points rewards are first-come, first-served. Daily check-in points have been replenished, so be sure to claim your points daily!
chi everyone anyone tell me when bull market raili coming
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