$SUI

Here's a concise analysis of **Sui (SUI)** for **today, August 10, 2025**:

📈 **Price & Momentum**

- **Current Price**: **$3.97** (up **3.7–4%** today), testing key resistance at **$4.00** .

- **Weekly Surge**: Up **19–21%** over 7 days, outperforming most Layer-1 peers .

🚀 **Catalysts**

1. **Technical Breakout**: Cleared a descending trend channel; sustained hold above **$3.93** could target **$4.24–$4.47** .

2. **Institutional Adoption**: Swiss bank Sygnum launched regulated SUI custody/trading, fueling institutional interest .

3. **Ecosystem Growth**: TVL and DeFi activity rising post-mainnet upgrades; Walrus storage protocol launched on Sui .

⚠️ **Risks**

- **Profit-Taking**: Failure to break **$4.00** may trigger pullbacks to **$3.73** support .

- **Token Unlocks**: Only **35%** of max supply (10B SUI) circulating; future unlocks could pressure price .

- **Volume Decline**: 24h volume down **29–32%**, signaling potential fatigue .

🔍 **Key Levels**

- **Support**: **$3.93** → **$3.73** (critical hold zone) .

- **Resistance**: **$4.00** → **$4.24** .

**In short**: Bullish momentum continues with institutional backing, but **$4.00 breakout** is crucial for next leg up. Watch volume and BTC/ETH trends for confirmation .