#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
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#FLUX/USDT analysis :
#FLUX is currently in a downtrend, forming lower lows (LLs) and lower highs (LHs) below the 200 EMA. The price is rejecting from the resistance zone and is expected to decline further, maintaining its bearish momentum and potentially testing lower levels. Wait for pullback for short entry.
TF : 4h
Entry : $0.5124
Target : $0.4521
SL : $0.5531
#FLUX/USDT analysis :
#FLUX has recently rebounded from the support zone. It is anticipated to keep rising and test the resistance zone on the lower time frame (LTF).
TF : 1h
Entry : $0.5469
Target : $0.5847
SL : $0.5207