$SUI
🚀 SUI Snapshot
Price: ~$3.96 (+5.7% in 24 h)
TVL: ~$2.2 B — record high, up ~46% since early July
Futures Open Interest: ~$1.73 B (+19% weekly)
On-Chain Activity: Daily users +145%; fee growth surpassing Ethereum
🔥 Why It’s Surging
DeFi Explosion: TVL, fee generation, and ecosystem utility are all hitting new highs
Derivatives Heat: Bullish funding & short squeezes indicate strong market conviction
Chart Setup: Coiling beneath $4 — bullish technical patterns pointing to breakout
🎯 Trade Setup
Action Entry Condition Target Levels Stop-Loss
Breakout Play Daily close above $4.00 $4.20 → $5.36 Below $3.80
Dip Entry Around $3.70–$3.80 Rebound to $4.00 Below $3.60
Watch breakout volume above $4 for a clear move toward $5.36–$6
⚠️ Risk & Watchpoints
Overextension: RSI ~78, market nearing short-term overbought
Rejection Risk: Failure at $4 could lead to a pullback to $3.60–$3.70
Catalysts to Monitor: Upcoming protocol updates (v1.51+), new asset launches (tBTC), and on-chain growth spurt
TL;DR: SUI is exhibiting strong fundamentals and bullish technicals—record TVL, rising futures interest, and surging user activity. A break above $4 could trigger a sharp move toward $5+. Lower-risk entries lie in the $3.70–$3.80 range.
➡️ DYOR .
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