$SUI
đ„ SUI EXPLODES IN JULY: +44%, RECORD TVL & NEW TECHNICAL RISE! đ
This Friday, July 18, the token $SUI attracts the attention of the markets:
+44% since the beginning of the month, with a peak around $3.90â4.10
TVL surpasses a historical peak at ~2.32 billion $, particularly driven by institutional entrants and the DeFi ecosystem
Technically, SUI breaks a bearish channel: the moving averages (50/100/200 days) are now support, confirming a bullish breakout in the short term
đŻ Recommended strategy:
đžConsider a gradual entry as long as the support at ~ $3.90 holds.
đčPlace a stop-loss just below the broken channel (~$3.75) to secure.
đžShort-term goal: aim for the next ceiling at ~$4.50, or even higher if the momentum is confirmed.
đĄ In the hands of technical traders as well as DeFi actors, SUI can play a major role in this emerging altseason. Consider adjusting your scenarios according to your profiles!