🔥 $SUI on the brink of $0.80: Samsung Wallet integration or another sell-off? 📉⚡
Over the past month, $SUI has corrected by more than 24% and is now testing the critical support zone at $0.795–$0.815.
Fear is gripping the market, but fundamentally, the ecosystem is gearing up for mass adoption — USDC transfers on the Sui network via Samsung Wallet, with no gas fees, are expected to launch this month.
As investors weigh future demand against pressure from token unlocks, here are 2 trading scenarios for $ SUI over the next few hours 👇
🔴 Bearish scenario (trend-following short):
• Entry condition: a break and close below $0.795 on increased volume.
• Target (TP): liquidity zone at $0.765–$0.770.
• Stop-loss (SL): price moves back above $0.822.
🟢 Bullish scenario (long on a rebound):
• Entry condition: holding the $0.800 level and a reversal candle forming on the 1H chart.
• Targets (TP): first take-profit at $0.847, followed by a retest of $0.870.
• Stop-loss (SL): a close below $0.785.
💡 My plan: $SUI is at a key level right now. I’m in no rush to enter without confirmation of a reaction at $0.80 — we’ll stick to risk management and wait for a breakout from the range.
#SUI #SuiNetwork #CryptoTrading #BinanceSquare #Аналітика
Over the past month, $SUI has corrected by more than 24% and is now testing the critical support zone at $0.795–$0.815.
Fear is gripping the market, but fundamentally, the ecosystem is gearing up for mass adoption — USDC transfers on the Sui network via Samsung Wallet, with no gas fees, are expected to launch this month.
As investors weigh future demand against pressure from token unlocks, here are 2 trading scenarios for $ SUI over the next few hours 👇
🔴 Bearish scenario (trend-following short):
• Entry condition: a break and close below $0.795 on increased volume.
• Target (TP): liquidity zone at $0.765–$0.770.
• Stop-loss (SL): price moves back above $0.822.
🟢 Bullish scenario (long on a rebound):
• Entry condition: holding the $0.800 level and a reversal candle forming on the 1H chart.
• Targets (TP): first take-profit at $0.847, followed by a retest of $0.870.
• Stop-loss (SL): a close below $0.785.
💡 My plan: $SUI is at a key level right now. I’m in no rush to enter without confirmation of a reaction at $0.80 — we’ll stick to risk management and wait for a breakout from the range.
#SUI #SuiNetwork #CryptoTrading #BinanceSquare #Аналітика