$SUI Token: Poised for a Breakout

📊 Current Price: ~$4.03 (up ~0.7% in 24 h) 

📈 24h Volume: ≈ $2.2 billion — a ~95% increase, signaling growing trader activity 

🏦 TVL: SUI’s Total Value Locked hit ~$2.2 billion — reinforcing its utility in DeFi 

🔍 Key Observations:

1. Volume Surge & Ecosystem Strength

• Trading volume has spiked, suggesting renewed interest.

• High TVL highlights Sui’s growing presence in DeFi.  

2. Technical Watch Zones

• SUI is trading just below resistance at $4.10–$4.11

• Support sits near $3.85–$3.90, making it a solid range-bound setup. 

🎯 Outlook:

• A breakout above $4.10 on rising volume could trigger a rally to ~$4.30+.

• A dip below $3.90 might test deeper support around $3.80.

• Strong fundamentals and TVL growth favor the bulls, but keep an eye on resistance levels before entering.

Are you trading the breakout or accumulating during the range? 👇

SUI

0.9048

-1.97%