$SUI 📊 Market Overview
Current price: around US$ 3.82, with a slight increase in the last 24 hours.
Market capitalization: approximately US$ 13.1 billion, with daily volume around US$ 1.2 billion.
Recent performance: increase of about +11–12% in the last week and +32% in the month, reflecting a strong altseason phase.
---
🔍 Highlighted Catalysts
Altseason driving SUI: capital inflow into altcoins is pushing SUI towards US$ 5, with sustainable technical growth above resistances like US$ 4 – 4.30.
Technical breakout: SUI surpassed the resistance of US$ 4, forming a W reversal pattern, suggesting a resurgence of strength similar to XRP.
Attractive for developers: parallel architecture, VM Move, and adoption in DeFi with over 100 dApps and nearly US$ 90 billion in volume are strengthening the ecosystem.
---
📈 Trends and Forecasts
Upside potential: analysts project targets of US$ 5–6, supported by the current bullish cycle in altcoins.
Possible correction: some forecasts indicate a pullback of up to –17% to –19%, based on the high “greed” index of the market (74).
Divergent forecasts: while some models indicate an increase, others suggest a drop to US$ 2.84 in August.
---
✅ Conclusion
Short term: possibility of a technical correction after a strong rally, with supports at US$ 3.50–4.00.
Medium term: if the altseason continues, SUI could reach US$ 5+.
Long term: solid fundamentals, growth in DeFi, and technical differentiation make SUI an interesting bet for attentive investors.