Binance Square‑style update on SUI and DOGE as of June 16, 2025:
SUI (Sui)
Trading around $3.10, bouncing between $2.96–$3.14 today .
On-chain & network metrics are solid: strong active wallet growth (~1.2 M+) and ascending channel pattern pointing to a breakout above ~$3.50–$3.70 .
Positive technicals: inverse head & shoulders breakout above $3.65, holding key Fibonacci levels—analysts eye next targets at $5.20–$5.50, with upside as high as $11 in a bullish scenario .
Short-term caution: drawn-down from ~ $5.35 in January; a “death cross” at $2.65–$2.77 region could hint at deeper correction—but current bounce suggests reversal is underway .
🐶 DOGE (Dogecoin)
Trading at around $0.177, with today’s high hitting $0.1785 .
Mixed signals: short-term pattern shows a rising channel and potential breakout above $0.18–0.185, targeting $0.213–$0.24 if sustained .
Caution flags: profit-taking and dormant wallet activation at monthly highs could add selling pressure around $0.18 resistance .
Broader technical perspective suggests breakout momentum into early-stage Elliott wave, with Fibonacci targets around $0.213 and $0.24—supports must hold above $0.174 to keep bullish view alive .