$SUI
Dear Binance Friends. Here’s an update on Sui (SUI) as of June 17, 2025:
🚀 SUI Market Snapshot
Current Price: ~$3.11 (within a tight zone of ~$3.03–$3.15)
0-224h Performance: +3.8% gain; bounce from ~$2.97 low to session high of ~$3.155
🔥 Core Drivers & On‑Chain Momentum
🧱 Ecosystem & TVL Surge
TVL hit $1.8B, with stablecoin circulation near $1.2B—Sui is now among top non-EVM chains
On-chain yields coming from SuiLend saw TVL spike 90% in the past month (~$600M added)
🐳 Whale & Volume Action
Strong trading volume (>12 M tokens) during $3.08 → $3.13 breakout—they’re layering in above $3.10 support
Analyst Michael van de Poppe flagged a bullish structure: "super‑interesting", a break above $3.30 could spark fresh upside
⚠️ Risk – Short-Term Weakness
SUI dropped ~10% from recent highs, currently forming lower highs—a break below $3.00–$2.95 could mean further correction
Indicators (EMA, MACD, RSI) show some bearish momentum unless price reclaims ~$3.11–$3.15
📈 Technical Summary & Trade Levels
Level Price Zone Notes
Support $3.09–$3.12 1332-1Strong structure formed after recent bounce
Key Resistance $3.30 Breakout above may trigger new rally
Further Resistance $3.49–$3.50 Next hurdle after the breakout
Bearish Risk Below $2.95–$3.00 Could revisit EMAs and lower Fibonacci levels
Indicators:
Volume confirmed breakout above $3.08
MACD & RSI mixed; bullish if price holds above $3.10
Bearish if under EMAs (~$3.12–$3.15) and price drops below $3.00
🎯 Trader Playbook
✅ Entry Setups
Pullback entry around $3.10–$3.12 with stop below $3.00
Breakout entry on clean volume surge above $3.30
📈 Target Zones
1. Short-term: $3.30
2. Mid-term: $3.50–$3.60
3. Stretch: $4.00+ if TVL/stable-inflow thesis continues
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