$SUI

📊 Updated analysis of SUI/USD – July 23

🔹 Current price: $3.77

🔹 Daily range: $3.73 – $4.02

🔹 Overall trend: Bullish with active correction

📈 Technical context:

The price maintains an ascending triangle structure with support at $3.00 and resistance at $4.00–$4.35.

Indicators like RSI and MACD support a possible bullish continuation.

The breakout of the previous downward channel strengthens the current structure.

📰 Positive fundamentals:

Record TVL: +$2.2B locked in SUI dApps.

Ecosystem growth: +145% in daily active users.

Institutional purchases: Lion Group acquired +1M SUI tokens.

Recent improvements in network speed and fee reduction.

📌 Key scenarios:

🔼 If it breaks $4.00 strongly, possible targets: $4.35 – $4.50

🔽 If rejected, key supports: $3.50 – $3.00

📌 In summary, the structure remains bullish, but the price must surpass $4.00 with volume to confirm the momentum. Otherwise, it could retreat to support areas before another attempt