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Altcoin Opportunities

SUI price prediction & short-term trading strategy

Updated: Sep 26, 2024
Published: Sep 25, 2024
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We initially targeted the $0.75 level, and it's moved well since. Now, I'm adjusting the buy box to $1.13, which aligns with a key Fib level (61.8% to 70.5%) and psychological support at $1. It's showing strong momentum, and while I don't see this as a long-term hold, there is a clear opportunity for a short-term leverage play.

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Market context

SUI has been on my radar for some time, dominating the mindshare in the past week, accounting for a solid 1.2% of the market. For an altcoin, this is significant and worth noting for a short-term momentum play.

a heatmap of cryptocurrency market dominance, highlighting BTC, ETH, SOL, and various other coins with percentages.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


SUI/USDT on a weekly timeframe, marking key Fibonacci retracement levels, a buy box, and resistance zones. Playbook

  • Buy box: The new buy box sits around $1.13.
  • Entry strategy: Small allocation with leverage (2x or 3x) for those looking to capitalize on this short-term momentum.
  • Target: An 80-90% potential move to the upside.

Risk management

Leverage is optional here, but keep it small. You don't want to expose too much capital to a short-term trade like this.

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