🚀 $SUI just had a strong bounce from the $1.35 area — and this time it was a structural reversal, not a short-term technical pullback.
In just 24 hours, the price increased by more than 28%, re-penetrating key resistance levels and confirming a double bottom pattern around $1.32.
The 85M USD unlock on December 1st caused panic in the market, but this supply was absorbed quickly.
This shows that demand is really strong and confidence in the Sui ecosystem is not shaken. On-chain also supports this thesis: DAU bounced back over 1 million, fees increased, user activity remained stable.
Why SUI is worth watching right now:
– Strong fundamentals, especially with the launch of the native stablecoin (suiUSDe, USDi) — a catalyst that could boost TVL and increase demand for $SUI.
– The ecosystem is maturing thanks to DeFi products, derivatives, and native infrastructure.
– But the pressure of unlocking at the end of each month remains a constant headwind, forcing the price to have enough demand to absorb it.
Technically, $1.66 is the key zone. Holding above this zone, SUI could reopen the path to $1.85–$2.00. Conversely, losing $1.32 would invalidate the reversal pattern.
$SUI is entering a crucial phase. Fundamentals support, technicals activate, big catalysts are approaching — but supply inflation remains the biggest test ahead.
