Watch out for this! Analyst Rekt Capital dropped a bomb: SUI broke a key pattern in its chart, a kind of signal that the price could skyrocket. But, like in any good drama, the price dipped a little afterwards because people started selling to secure their profits. 💸
Here lies the dilemma: is this drop just a breather before a mega-rally to $10, or is it the beginning of a tougher fall that takes it back to $2.5?
Things are getting interesting because not everything is speculation. SUI is becoming the darling of the big players. The total value locked (TVL) in its network soared to over $2 billion. That’s a lot of money! 💰 This isn't just a couple of crazy folks; we're talking about institutions getting involved. And if you add to that that it's now available on Robinhood, the go-to portal for investors. The doors to madness are opening! 🤯
Meanwhile, experts are with calculators in hand. Some, like Ali Martínez and Crypto Tony, believe that SUI could retreat to $3.17 before taking off towards the sky. So, even though the price rose by 11% in a single day, what we're seeing is a dogfight.
Transaction volume skyrocketed, interest in SUI is on fire 🔥, but the market is in a 'let's see what happens' moment.
Could this be the perfect moment for long-term bettors or a trap for the anxious? Is this time the rally for real and not a mirage? 🧐$SUI
