# suiusdt

The expected path of #SUIUSDT digital currency on the 1-hour timeframe
Potential Reversal ⚡️
👉 After identifying an upward wave formed within a driving structure, followed by a double zigzag wave representing the corrective wave (2)/(b), the price is now moving within the Y wave range as a sub-wave of this bearish structure. Based on that, we anticipate the following:
* A potential decline within wave (c) of wave Y, as part of wave (2)/(b).
* This downward wave may reach the level of 1.4041 as a potential reversal zone. 〽️
* If the price reverses from this zone, a subsequent upward movement

Breaking: 🇺🇸 #Bitwise company files S-1 for #SUI traded fund
The digital asset management firm has filed an S-1 with the U.S. Securities and Exchange Commission (#SEC ) to launch this fund, which will provide 100% instant coverage of the alternative asset.
The company also plans to add a storage feature, as well as enable the creation and redemption of fund units physically, allowing it to deal directly in the currency instead of using cash.
It becomes the fourth asset management company to file for the launch of this instant fund, joining Grayscale, 21Shares, and Canary Capital.
The #SUIU

Today: Cryptocurrency Leaders Gather in Washington to Discuss the Market Structure Bill
Cryptocurrency leaders and lobbying groups are meeting with senior U.S. Senators, including Tim Scott, to finalize the details of the Market Structure Bill.
This pivotal meeting will enable the crypto sector to solidify its stance ahead of negotiations in January, following intensive lobbying efforts and frustrating delays this year.
This legislation is considered the most significant political effort for the cryptocurrency industry.
#SUIUSDT #SOLUSDT #XRPUSDT #ETHUSDT #ADAUSDT
$SUI ‌
$SOL ‌
$XRP

#SUIUSDT — potential reflection 👀📈
On the H4 timeframe, the #SUI forms an inverse head and shoulders pattern with a neckline around $1.477, which is often considered an early reversal signal.
Trading Ideas:
Buy at breakout, target $1.65
Buy upon retest to avoid false breakouts 🧠
Cancel the order if the price closes below 1.43 USD (right shoulder).
The Relative Strength Index (RSI) forms a golden cross above 50 ✅
The MACD indicator ( turns green and enters the bullish zone 📈
)$SUI ‌

Bitwise has officially applied to the #SEC Securities and Exchange Commission to launch an instant trading fund for the #SUI #ETF coin.
This application represents a new strategic step to expand the range of regulated investment products following the issuance of Bitcoin BTC and Ethereum ETH funds.
This move comes amid optimism about the future of ETF index funds and #SuiNetwork 's ability to attract new institutional flows, especially after the coin was included in the Bitwise 10 Cryptocurrency Index on the New York #SUIUSDT exchange.

Follow the expected path of the #SUIUSDT digital currency 🇺🇸
1-hour timeframe
🐂 Buyer dominance
🧐 It is clear that the price is preparing for upward waves in the medium term, especially after successfully maintaining higher lows compared to previous lows 📊. Based on previous forecasts, the price movement supports the formation of new highs through the following:
1. Formation of a bullish impulsive wave, followed by a double zigzag corrective wave 🔄.
2. Breaking through the price channel that contained the corrective wave enhances the bullish scenario, indicating the development of a str

$SUI
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#SUIUSDT - Short-term bearish trend confirmed📉
Short trade setup 🔻
Entry zone: 1.49 – 1.51
Take profit: 1.45
Stop loss: 1.53
#SUI
$SUI

#suiusdt
#SUI SUI$SUI Recently, I wrote about the upcoming growth, and since the post, we are up 10%+. Currently, we are at resistance—adjust your stop losses if you're in a long position. However, it looks like the level might break. I'm watching closely and hoping we move towards 4.5.
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