๐จ SUI Ignites! Price Hits $3.28 as DeFi TVL & Funding Rates Surge โ Is This Just a Beginning ? ๐ฅ๐
Sui Network is on fire โ and the market's finally waking up.
With price exploding past key resistances and DeFi metrics going vertical, itโs clear:
๐ Smart money rotated earlyโฆ retail is now chasing.
โ๏ธ Whatโs Powering the Rally?
๐น Funding rates flipped massively positive โ bullish leverage is flooding in
๐น DeFi TVL up over 300% in Q2 โ protocols like Cetus, Scallop, Navi seeing real user growth
๐น NFT + GameFi traction on Sui is building fast โ with projects drawing eyes from Solana and AVAX users
๐น Daily active users + DEX volume = strong chain health ๐
๐น And yes, SUI still underhyped compared to peers
๐ Technical Breakdown (Mid-Rally):
๐ธ Broke above $3.00 psychological barrier โ flipping into new support
๐ธ Eyes on the next major level: $3.60 โ $3.85
๐ธ Parabolic curve formation starting on the 4H + Daily
๐ธ RSI is hot, but consolidation near highs = bullish continuation pattern ๐
๐ง My Take:
This isnโt just a breakout โ itโs the result of months of silent builder momentum now exploding into the charts.
I said before: when on-chain growth + leverage + ecosystem traction align โ thatโs where alpha lives.
SUI was the setup. $3.28 may just be the first act in this run.
๐ฌ Are you riding the breakout โ or chasing the wick?
๐ Share your trade setup &
