SUI Market Review - Simple Summary
1.Price Bullish
- SUI price **rose 2.81% in 24 hours.
- Technical indicators (EMA, MACD, Bollinger Bands) are all giving a "buy" signal, indicating further upside potential.
2.Ecosystem Growth 🌱
- Over 20% of Total Locked Value (TVL) on the SUI network is now Bitcoin (BTC) assets.
- Trading volume and number of users on its decentralized exchange (DEX) are high.
- Institutional investors (large financial institutions) are also supporting SUI.
3.Community Attitude 🚀
- Most users are very optimistic and are forecasting for $15 to $30 by 2026.
- But small hitch: some traders are selling at profit, which could create short-term pressure.
Key takeaway:
SUI is moving forward with strong fundamentals (technical + ecosystem), but keep an eye on the overall crypto market trend. If Bitcoin remains strong, SUI could continue its rise!
> ℹ️ Note: This is not financial advice. Do your own research (DYOR).
