Is the SUI currency on the verge of a new rise? Analyst: "An interesting entry moment"

With the main indicators rising and the technical picture stabilizing, it seems that the SUI token is preparing for a new wave.

According to cryptocurrency analyst Michael van de Poppe, SUI is now "on the verge of reaching new all-time highs."

📊 Current numbers:

— Price: $3.11 (+3.85% in 24 hours)

— Local maximum: $3.1554

— Main resistance: $3.30 - surpassing this may lead to a rally

— Support: $3.09, then $2.97

📈 Technical picture:

— The price has broken the $3.08 level and stabilized above it.

— Trading volumes remain high: over 12 million tokens this morning, with a notable rise at $3.12.

— Ascending bottoms are forming — this is a sign of continuing bullish momentum.

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🔍 Fundamental growth factors:

1. 📦 The total value of assets (TVL) on the SUI network has reached $1.8 billion — ranking third among blockchains not reliant on Ethereum Virtual Machines (EVM).

2. 💵 The volume of stablecoins has tripled in six months — from $400 million to nearly $1.2 billion.

3. 👛 SuiLend (lending platform) — the total value of assets grew by 90% in one month (over $600 million).

4. 🧑‍💻 Increase in the number of wallets after the integration of Phantom and the relaunch of the Slush wallet.

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