😭Woke up in the morning and it’s all exposed. Immediately set up a position👌
币修课
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What the hell is $SUI doing? It took a whole night to drop, but only needs 1 hour to rise. I could have made a profit since I placed the order last night 😓
#SUI has formed a descending wedge between $3.10 and $3.35, with a recent breakout above the upper trendline accompanied by increased volume, indicating signs of a bullish takeover.
Bullish Range: $3.35 – $3.55
Support Below: $3.35 (wedge upper trendline / previous high pullback)
Resistance Above: $3.55 (previous high with dense trading)
Targets
🎯 $3.65 (near the high point on 4/29)
🎯 $3.80 (the highest point in the range since 3/26)
Key
📈 As long as it closes above $3.35, bullish momentum continues.
🔁 A pullback to $3.35–$3.40 that finds support can be a good buying opportunity.
❌ If it falls below $3.30 (wedge lower trendline / previous low), exit with a stop loss.
✅ It is recommended to go long on SUI, with targets of $3.65/$3.80 and a stop loss set at $3.30.
Today I went bankrupt and lost my pants.. I can't break through 3.8~
Web3妮妮
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Bearish
$SUI $MOVE The selling wave has left market makers powerless, and the founder has even been suspended?
Did everyone manage to enjoy the pork rice from the last wave of Sui? It has been fluctuating between 3.8 and 3.2 for the past few days, but the project is still thriving.
When Sui was booming, there was another project called MOVE that was also hyped up. Nini observed it for a while, and after a few days, it became clear that it was quite difficult to play. After holding on for a long time, it hardly increased, and when it dropped, it fell sharply, far exceeding a halving, so I gave up directly.
Now MOVE has been exposed for various scandals and selling off, and trading has been suspended by COINBASE. The 🐶 market is not performing well and is unwilling to share profits with retail investors. Just looking at the candlestick chart makes it clear that this level of trouble can only be self-inflicted.
Follow Nini, click on the homepage to learn more~ #空投防骗手册 #sui
May 2, 2025 Market Analysis (For reference only, does not constitute investment advice)
SUI/U (1-hour chart)
To put the market trend bluntly: the bulls failed to push prices up and have been slapped in the face.
The price once surged along the rising trend line but turned down upon reaching the previous high, and the trend line was directly smashed through by a large bearish candle. It has now completely fallen below the trend line, and there's no way to pretend it’s not happening.
Key data at a glance: • Current price: 3.5028 U • Entry price: 3.508 U (which is your entry point) • Take profit target: 3.5591 U • Stop loss position: 3.4708 U • Risk-reward ratio: 2.38 (looks good but lacks support)
My understanding can be summarized in one sentence:
You are now like sitting on an electric vehicle with a malfunctioning brake; if 3.47 cannot hold, don’t hesitate, jump off to stop the loss.
Suggested strategy: • For holders: • If the price strongly rebounds above 3.52 U, then observe; • Otherwise, execute the stop loss directly, without hesitation. • For those who haven’t entered: • Don’t act impulsively, now is not the time; • Wait for it to stabilize, for example around 3.40 U, and then see if there’s hope for a turnaround.
In summary: The upward trend has broken, faith has shattered, don’t let your account go bankrupt as well.