$SUI 📈 Sui ($SUI) Price Action Heats Up: Bulls Take Control! 🔥

Sui has been making serious moves lately, riding the crypto wave with Bitcoin’s ATH and strong ecosystem growth:

🚀 Recent Surge

- SUI jumped 18.2% in 24 hours, reaching $3.96 as of July 14

- Weekly gains top 30%, with bullish momentum building fast

📊 Technical Breakout

- Broke out of a descending parallel channel, confirming trend reversal

- Reclaimed key support at $2.70, now targeting $4.87+

- RSI and MACD show strong bullish signals, with volume surging

💰 Fundamentals Fueling the Rally

- TVL hit a record $2.25B, signaling rising DeFi activity

- Nasdaq filed to list a SUI spot ETF, boosting institutional interest

- Integration with NEAR Protocol enables cross-chain swaps, enhancing usability

📉 Short-Term Caution

- RSI is overbought near 82, suggesting a possible pullback to $3.60–$3.70 before next leg up

Sui’s price action is more than hype—it’s backed by solid tech, growing adoption, and bullish sentiment. Eyes on $5 and beyond?