#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
#KNC/USDT analysis :
#KNC is retracing towards the 200 EMA, indicating potential upside. The price is respecting the trendline and bouncing back, which suggests a good opportunity for a long entry. Previous highs will serve as target levels.
TF : 4H
Entry : $0.4198
Target : $0.4582
SL : $0.3939
#KNC/USDT analysis :
#KNC is currently in a downtrend, trading below the 200 EMA. The price is forming a pattern of lower lows and lower highs. At present, the price is facing resistance near the 200 EMA, suggesting a potential reversal from this point to maintain its bearish movement and establish a new lower low.
TF : 4H
Entry : $0.4419
Target : $0.4083
SL : $0.4589