$SUI

today’s snapshot for SUI (June 13, 2025):

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📉 Price & Market Movement

• Currently trading around $2.98, slightly down (~0.11%) from yesterday.

• Experienced intraday volatility between $2.94–$3.37  .

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📰 Key News & Drivers

1. “Wild Ride”: 150% Rally Then Pullback

• SUI surged ~150% in early June, spiking from ~$1.71 to ~$4.30.

• Followed by a 5% pullback over the past few days  .

2. $215M Token Unlock: Watch for Short-Term Pressure

• A large token unlock on June 1 may fuel near-term selling.

• Support is forming in the $3.40–$3.43 range .

3. Bullish Technical Outlook

• Analysts note that SUI reclaimed key support (~$2.22), with market structure flipping bullish.

• A clean pullback is occurring at a zone with multiple technical confluences like the 0.618 Fib level.

• Potential for another push toward next resistance around $3.49 .

4. Fundamentals Intact

• On-chain metrics remain strong: ~$40 billion in aggregated volume, ~24% increase in network activity over 30 days .

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🔍 What to Monitor Today

• Price Holding at ~$3 Level: Whether SUI can hold above $3 will be crucial—daily dips near $2.94–$2.98 could signal support or further weakness.

• Reaction to Token Supply Dynamics: Watch for follow‑through selling or stabilization after the large unlock.

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🔮 Bottom Line

SUI is consolidating after a massive rally, with a healthy technical setup and strong on-chain fundamentals. The $3 level and support range around $2.94–$3.40 are critical. A breakout above $3.49 could reignite a fresh wave of buying. For now, stability around $3 is the key story.