$SUI /USDT — 🟢 LONG · Conf 80%
📍 Entry: 1.0959 – 1.1025
🛑 SL: 0.9940
🎯 TP1: 1.1542
✅ TP2: 1.1980
🏆 TP3: 1.2606
After recovering from 0.9324, price broke above all MAs cleanly — MA7 (1.1072) and MA25 (1.0419) are stacked bullishly, and price is consolidating just below the 1.1615 high in a flag-like structure on 1H.
$SUI : Sui is a Move-based Layer-1 with object-centric storage and parallel execution, enabling high-throughput DeFi and gaming — its aggressive TVL growth is partly incentivized, raising questions about organic retention when rewards taper.
How much of Sui's TVL and DeFi activity is genuinely sticky vs. mercenary capital that rotates out the moment incentive programs end?
#SUI #Layer1 #DeFi #Gaming #Mercenary