With object-model programming, zkLogin, tBTC minting, and ETF inflows, $SUI is emerging as a high-potential L1 for DeFi, gaming, and next-gen apps.
1. Quick Update:
Trading at $4.00, range $3.88–4.07
Volume strongly at ~$1.84B; market cap ~$13.8B
Sentiment neutral—balancing bullish techs and profit-taking
2. Catalysts:
Short-term: +10% surge on tBTC launch
Long-term: Parallel architecture, Move language, zkLogin, sponsored txs, storage rebate
3. Technical & Scenarios:
Breakout above $3.95; EMAs bullish
RSI ~71 (slightly overbought), MACD bullish
Key levels: support $3.85–3.95; resistance $4.20 → next $6–8 if breakout on volume
4. Strategy:
Short-term traders: Buy $3.95–4.00; SL < $3.85; TP $4.20–4.50 on breakout
Mid/Long-term holders: Accumulate at $3.50–3.95; invalid < $3.50; target $6–8 on continued development and institutional momentum
⚠️ Not financial advice. DYOR & risk management.
