🚀 SUI Rockets 40% to 4-Month High at $1.41
SUI had the best performance on Monday, rising from $1 to $1.41, but later settling at $1.27.
📈 Breakout ChartDaily symmetrical triangle breakdown = classic
breakout patternSupply squeeze: NASDAQ-listed SUI Group Holdings owns 108.7M SUI ∼$143M, tying up 2.7% of the supply
Short squeeze: $3.13M in liquidations, 90% shorts covering positions to avoid losses📰
Catalyst NewsMysten Labs: Confidential transactions + free fee stablecoin transfers launching later this year at Consensus 2026
Paga integration: Major African fintech company uses Sui for cross-border stablecoin.
PaymentsAnalyst view: Peter Brandt calls bottom for the week, expecting gains to come💡
Reasons to pay attention: Technical breakouts + real use cases = game changer for SUI.
#SUI #Altcoins #CryptoNews #Layer1 #ShortSqueeze $SUI