Recently,#SUİ the price has seen a significant decline, briefly falling to $2.94, with a weekly drop of over 13%. However, behind this pullback, the fundamentals of the Sui ecosystem are rapidly strengthening, becoming a potential 'golden pit' attracting many investors.
🔍 On-chain data is surging, and Sui's fundamentals are steadily improving.
Despite the price decline, Sui's on-chain activity is steadily climbing:
📉 The price drop may be a good opportunity for positioning
📉 The price drop may be a good opportunity for positioning
Although SUI's current trend is weak, analyst Michaël van de Poppe believes that as long as it holds the critical support level of $2.50 and breaks through the resistance zone of $3.30, SUI is likely to see a new round of rebound. It is expected to welcome a new round of rebound.
RSI is approaching the oversold region;
Although MACD is still in a bearish trend, there are signs of stabilization;
Recently, funds have been flowing out, indicating that the market is in a consolidation phase.
This may be a signal that smart money is gradually entering the market.
📈 Conclusion: After the storm, the bullish logic remains unchanged
From on-chain growth to technical patterns, SUI demonstrates the 'vitality' expected of a high-growth project. Beneath the short-term price fluctuations lies a medium to long-term positioning opportunity. The next target may be to challenge $3.30.
The article ends here! If you feel lost in the crypto world, consider strategizing and harvesting profits with me!