SUI Bullish Momentum Is Increasing
The cryptocurrency market has started 2025 on a strong footing, with Bitcoin, the sector's flagship currency, rising nearly 10%. This positive performance sets an optimistic tone for the broader crypto space, creating numerous opportunities for traders and investors to grow their capital early in the year.
Among the promising assets, Sui stands out as one to watch closely.
Daily time frame analysis
SUIUSD - 1 Day Time Frame
In technical analysis, market structure is the most critical parameter for determining entry points when placing buying orders. Market structures establish clear, objective criteria that define a bullish trend, helping traders assess how long the trend remains valid without relying on subjective assumptions about trade duration.
Complementing the market structure, a robust support zone further reinforces this framework. On the chart, this support zone is clearly marked in blue and acts as a key determinant for traders looking to maintain their positions at full volume, aiming for psychological levels up to $7.00 USD.
If the daily timeframe closes below the lower boundary of this support zone with a confirmed candle body, it signals the need to reduce the majority of the position, ensuring effective risk management. The remaining portion of the position can be held until reaching the final Stop Loss level, which lies below the internal low.
SUI price target
Currently, traders can enter the market based on the combined signals from the market structure and the support zone. However, for those seeking to optimize their entry points, patience may pay off.
Waiting for the price to dip into the weekly Order Block (OB) or ideally below the 0.5 Fibonacci level—the internal Discount zone—can provide a more advantageous entry. This approach not only enhances the potential for maximizing returns but also adheres to a disciplined trading strategy focused on entering at points of higher value.
By following these principles and closely monitoring the outlined parameters, traders can align themselves with Sui's prevailing bullish trend while maintaining effective risk management practices.
This strategic approach positions them to capitalize on the cryptocurrency's potential for sustained growth.
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