#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
#EOS/USDT analysis :
#EOS has broken out and is currently testing a previously respected resistance zone. The price is expected to test this level and rebound from there, indicating potential upward movement toward previous highs.
TF : 2H
Entry : $0.8980
Target : $1.0600
SL : $0.8470
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase. The price is trading within the resistance zone and is expected to decline from this level, continuing its bearish momentum and testing previous swing lows.
TF : 1h
Entry : $0.4247
Target : $0.4007
SL : $0.4398
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase within a downtrend. It is expected to test the previous resistance zone before continuing the trend. Wait for the price to test the resistance zone and reject from there before considering opening a short position.
TF : 4h
Entry : $0.5000
Target : $0.4380
SL : $0.5291
#EOS/USDT analysis -
#EOS is making lower lows and higher highs, while facing resistance from the 200 EMA. Right now, the price is in a correction phase. It is advisable to wait for the price to reach the $0.610 level and then bounce back down to go short. Keep an eye on the previous swing lows as it could be potential target level.
TF : 1h
Entry : $0.598
Target : $0.538
SL : $0.638