sui#
The mid-week jump was driven by the influx of new liquidity and SUI reaching resistance levels, supported by technical factors from faces like the "Ethereum killer" and signals for a potential ETF application.
On 18/7, the price temporarily rose to ~4.09 $ following reports of a "miscalculation" from FTX, but later corrected slightly.
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🛠️ Key technical indicators:
The price is currently trading between $3.80–3.90, with resistance at ≈4.24 $ and interest in movements in volume.
Daily volume has increased – liquidity reached ~2 billion dollars, with active weekly volume.