$SUI You're currently looking at SUI at around $4.06, with a daily range between $3.93–$4.24.
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📈 What’s Driving SUI Right Now
1. Recent Breakout Above Resistance
SUI recently cleared a 182‑day diagonal trendline and is pushing past the $4 horizontal barrier—often seen as a preamble to a run toward all-time highs .
Technicals point to a cup-and-handle formation, where a breakout above $4.20–$4.50 could signal a move toward $6+, with pattern targets ranging from $5.40–$6.00 .
2. On‑chain Activity & TVL Surge
Total Value Locked on Sui has jumped to a record $2.2 B, driven by booming DeFi usage and rising open interest (~$1.7 B) .
Institutional adoption is also heating up as capital rotates from Bitcoin into mid‑cap Layer‑1 tokens like SUI .
3. Price Forecasts & Momentum Outlook
Short-term models expect $3.75–$4.50 consolidation into late July, with upside toward $5 if current volume holds .
A bullish scenario sees a mid‑Q3 2025 target near $5, while some speculative long‑term estimates stretch toward $100 by 2026—though that’s highly contingent on continued adoption .
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🧭 Key Levels to Watch
Zone Description
$4.00–$4.20 Crucial resistance; reclaiming it sets tone. Cup‑and‑handle breakout zone.
$3.50–$3.60 Strong EMA support area; pullbacks here remain bullish if retested.
$5.00–$6.00 Next potential target after breakout. Full pattern targets ~$6.
$3.00–$3.20 Bearish support; a break below EMT could open deeper retrace territory.
