#rust#blockchain#distributed_ledger_technology#move#smart_contracts
Sui is a next-generation blockchain platform designed for very fast, low-cost transactions and high scalability, making it ideal for apps like gaming, DeFi, and NFTs. It uses a unique object-based data model and the Move programming language, which helps create secure, flexible smart contracts and allows many transactions to happen at the same time. This means you get instant transaction finality and a smooth user experience. Sui’s native token, SUI, is used for fees, staking, and governance, helping keep the network secure and decentralized. Overall, Sui offers a powerful, efficient foundation for building and using web3 applications.
https://github.com/MystenLabs/sui
#DEXE/USDT analysis :
#DEXE is currently in an uptrend on the higher time frame (HTF). The price is in an accumulation phase, consolidating sideways. A breakout from this consolidation is anticipated soon, which would likely continue the bullish rally and test the swing high. We should look for potential pullbacks to establish long entries.
TF : 1W
Entry : $8.260
Target : $18.100
SL : $6.340
#DEXE/USDT analysis :
#DEXE is currently facing resistance from the 200 EMA on the daily time frame. On the 4-hour time frame, it has broken and retested the support zone. The price is now likely to continue its bearish momentum and test new lows.
TF : 4H
Entry : $8.461
Target : $7.953
SL : $8.783