SUI - Breakout imminent or back to support?

2024年9月28日

Let's talk about SUI; at this moment, it could be the new narrative of smart contracts. It has all the cards on the table to steal the throne from Solana as the new project of the moment. All the factors are in place for this to happen: extremely fast transactions, high trading volume, excellent on-chain volumes, and a constantly growing ecosystem. Aside from fundamental analysis, it has proven to be stronger than its other rivals recently, and the resistance and support levels are very clear. Personally, I would like to buy around $0.4, but if I don't have the opportunity, I will wait for the breakout/retest. In my opinion, it is not the right time to open positions; I am observing for now.

2024年10月1日

註釋

Token unlock today + touched resistance, not a wise move going long here

2024年11月7日

註釋

BREAKOUT confirming, close the week above $ 2.2 and we're ready to run