$SUI
UPDATE on SUI (Sui Network) as of July 12, 2025:
🚀 SUI Snapshot
Current Price: ~$3.40 USD (↓3.0% in the past 24 h), down from yesterday’s $3.53 high
(turn0search9, turn0search4)
24h Volume: ~$1.8 B (~15% of $11.8 B market cap)
🔥 Why SUI Is Gaining Attention
1. Bullish Technical Breakout
SUI surged ~17% yesterday, climbing above ~$3.50 after an inverse head-and-shoulders breakout—targeting ~$3.89
2. Strong On-chain Catalysts
Integration of tBTC could bring over $500 M of Bitcoin liquidity to Sui
Institutional interest (Grayscale report) and a surge in DeFi usage (daily volume ~$281M) support bullish momentum
3. Potential for Extra Upside
SUI is forming a symmetrical triangle aiming to breach ~$3.60, with Fibonacci support around $3.18 and $2.60
📈 Trade Plan
Action Price Range Notes
Buy the Dip $3.18 – $3.30 Near 20‑day EMA or triangle support
Breakout Entry Above $3.60 Confirms triangle breakout
Short-Term Target $3.89 Based on H&S and triangle patterns
Mid-Term Target $4.20 → $5.00+ If momentum and tBTC inflows continue
Stop-Loss Below $3.15 Invalidates bullish structure
Let me know if you'd like real-time alerts on breakout confirmation, tBTC deposition milestones, or whale accumulation trends!
➡️ DYOR .
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