The crypto scene is heating up, and SUI is stealing the spotlight! With its price pushing past bearish resistance and a massive breakout from months of consolidation, analysts are sounding the alarms: a 25% upswing could hit before month’s end, and a new all-time high (ATH) may be just around the corner. 📈🔥
Since topping out above $5.30 earlier this year, SUI faced its fair share of headwinds. But those days are fading fast. The token has just smashed through the upper barrier of a falling wedge—a classic bullish signal—and traders are now eyeing the $3.30 mark as the next key milestone. If SUI locks in above its 200-day moving average at $3.17, the rocket could really launch. 🧨🚀
What’s fueling this sudden turnaround? It’s more than just charts. The SUI ecosystem is exploding with activity. DEX volumes have crossed a staggering $80 billion, while total value locked (TVL) has climbed from $1.5B to $1.87B in recent months. That’s serious firepower. 🔥💰
And it’s not just trading volume doing the talking. Over $12 million in shorts got liquidated in the last 24 hours—a clear sign the bears got caught off guard. Now, with momentum shifting hard in favor of the bulls, confidence is climbing. The MACD is turning green, the RSI is approaching breakout territory, and the Chaikin Money Flow is back in the positive zone, signaling cash is flowing in fast. 📊📈
Even bigger news? SUI’s rapid rise is being turbocharged by major integrations. The token recently got support from Phantom Wallet (15M users) and Backpack Exchange, giving it more visibility and accessibility than ever. 🌐🔗
All eyes are now locked on SUI’s next moves. The market’s buzzing, and if momentum keeps rolling, a break above resistance could trigger a full-blown bull run. Analysts are already whispering: $3.30 this month, ATH in Q2?
Stay strapped in—SUI’s next move could be explosive. 💥💹
