Rimsha Naveed
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Sui (SUI) is trading around $2.81, dipping slightly after reaching an intraday high near $3.15. Over the past 24 hours, it rose approximately 3.85% to $3.11, fueled by surging on-chain activity—TVL hit ~$1.8 billion and stablecoin supply climbed to nearly $1.2 billion—establishing solid ecosystem fundamentals.
Recent gains of $SUI above $3.08–3.12 created a bullish structure with support around $2.96–2.97, hinting at accumulation . A sustained breakout above $3.30 may trigger the next leg higher toward $4+, while the current ~$2.80–3.10 range offers an appealing entry. If you're bullish on Layer‑1 network growth, SUI presents a compelling risk-reward setup.
#FOMCMeeting
Recent gains of $SUI above $3.08–3.12 created a bullish structure with support around $2.96–2.97, hinting at accumulation . A sustained breakout above $3.30 may trigger the next leg higher toward $4+, while the current ~$2.80–3.10 range offers an appealing entry. If you're bullish on Layer‑1 network growth, SUI presents a compelling risk-reward setup.
#FOMCMeeting
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