Sui ($SUI ) Market Update: $0.85 Breakout Decides the Next Move
$SUI is trading near $0.81**, up **13.9% this month**, recovering from June-July weakness. The token now sits above its **50-day MA ($0.731) and 200-day MA ($0.754), though the 50-day remains below the 200-day—longer-term structure isn't fully bullish yet .
Key Catalyst: Hashi launched on devnet—a Bitcoin collateralization primitive letting BTC stay native while being used as DeFi collateral, targeting $1.5 trillion in idle BTC with 20+ institutional partners including BitGo and Ledger . Sui also expanded to zero-fee stablecoin transfers across African payment corridors with Daya .
Key Levels: Resistance is $0.84–$0.85—a decisive daily close above opens the path to $1.00** . Support sits at **$0.754, then $0.731 .
Binance Trade Setup: A cautious long if $SUI breaks $0.85** with volume, targeting **$0.95–$1.00**, stop below **$0.75. The Hashi narrative plus technical divergence make this a setup worth watching, but $0.85 must clear first. DYOR.
#SUI🔥 #altcoins #analises #Binance
$SUI is trading near $0.81**, up **13.9% this month**, recovering from June-July weakness. The token now sits above its **50-day MA ($0.731) and 200-day MA ($0.754), though the 50-day remains below the 200-day—longer-term structure isn't fully bullish yet .
Key Catalyst: Hashi launched on devnet—a Bitcoin collateralization primitive letting BTC stay native while being used as DeFi collateral, targeting $1.5 trillion in idle BTC with 20+ institutional partners including BitGo and Ledger . Sui also expanded to zero-fee stablecoin transfers across African payment corridors with Daya .
Key Levels: Resistance is $0.84–$0.85—a decisive daily close above opens the path to $1.00** . Support sits at **$0.754, then $0.731 .
Binance Trade Setup: A cautious long if $SUI breaks $0.85** with volume, targeting **$0.95–$1.00**, stop below **$0.75. The Hashi narrative plus technical divergence make this a setup worth watching, but $0.85 must clear first. DYOR.
#SUI🔥 #altcoins #analises #Binance