$SUI 🚀 BULLISH MOMENTUM 🚀

Market Snapshot & Fundamentals

Price: $3.4830 USDT

24h Volume: $135.46 M USDT

Context: Recent token unlock (~$210M) triggered ~23% drop from ~$4.20 highs → now retracing and stabilizing around $3.48.

Fundamentals:

Growing TVL & DeFi interest—42% increase in Q2 2025.

Only ~33% of supply in circulation; long-term schedule imposes deflationary trends.

Institutional inflows via the Grayscale SUI Trust highlight rising confidence.

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🔢 Fibonacci Retracement Overview

Based on the swing low at $3.120 → high at $4.200:

Fib Level Price Level Role

0.236 $4.076 Resistance near old highs

0.382 $3.888 Minor resistance tier

0.500 $3.660 Major corrective pivot

0.618 $3.432 Key support zone—current area

1.000 $3.120 Full retrace if breakdown

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📈 Technical Indicator Snapshot

RSI (4H): ~46 → Recovering from oversold, room to rise

MACD (4H): Flattened/hinting bullish crossover

Volume: Moderate—needs uptick to confirm breakouts

Patterns: Higher-lows forming around $3.48–$3.50 zone.

On-chain: Sell pressure post-unlock but oversold signals emerging.

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🎯 Trading Setups

🟢 Strategy 1: Pullback Long (Fib 0.618 Entry)

Entry Zone: $3.432 – $3.480

Confirmation: Bullish reversal candle + RSI bounce > 45

Targets:

T1: $3.660 (Fib 0.5)

T2: $3.888 (Fib 0.382)

Stop-Loss: $3.400 (below Fib 0.618)

Rationale: Buying into macro pullback with structural support

Disclaimer

This strategy is provided for educational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risk. Always do your own research (DYOR), manage risk through stop-losses and proper sizing, and never invest more than you can afford to lose.

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