Sui(SUI) Roadmap!!!

٨ أكتوبر

Today, I want to analyze the Sui( SUIUSDT ) project, which has seen a good increase in these days, and show you its roadmap.

The recent price surge of the SUI token can be attributed to several key factors:

1-Increased Transaction Volume: Sui Network recently surpassed Solana in terms of transaction volume. This uptick in transactions is largely driven by the rise of meme coins on the Sui blockchain, which has caught the attention of traders and investors alike.


2-Strategic Partnerships and Institutional Adoption: Sui Network has formed strategic partnerships, notably with Grayscale and Circle. The launch of the Grayscale SUI Trust has enabled institutional investors to gain exposure to SUI, boosting interest and liquidity. Additionally, the integration of USDC through Circle’s Cross-Chain Transfer Protocol has enhanced the network’s utility in DeFi and gaming sectors.

3-New SCION Technology: Sui introduced SCION, a new network infrastructure designed to enhance security and reduce latency in Web3 applications. This innovation has further bolstered confidence in the network, attracting more users and developers.

It seems that according to the good news that has come for the Sui project, the increase of the SUI token will continue, but it will probably experience a small correction to increase again.

Currently, SUI is moving near the Resistance lines and the Potential Reversal Zone(PRZ)($3.00-$2.50).

According to the theory of Elliot waves, SUI seems to be completing the main wave 3. (It is completing the microwave 5 of the main wave 3).

I expect SUI to rise another +20% or so and then start to correct. SUI correction can be -20% to -40%.

Sui Analyze (SUIUSDT), Daily time frame⏰.

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Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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٩ أكتوبر

تم فتح الصفقة

Trade was activated

١٢ أكتوبر

أغلقت الصفقة: تم الوصول للهدف

Long Position: Target Done= over+20%.

١٣ أكتوبر

تم فتح الصفقة

The short position was activated.

As I expected, SUI increased by +20%. I think that main wave 3 has finished, and one of its signs is the formation of the head-and-shoulders pattern(15-minute time frame).


Expect correction at least = -20%

١٥ نوفمبر

ملاحظة

Long Position: Target Done