🌊 $SUI : the third test of the trendline — will it break through or bounce? 🔍
📊 The picture
SUI is at $0.798, market cap ~$2.96B, top-30. The coin has broken above the 50-day EMA and is testing a key multi-year trendline for the third time. Analysts are expecting a breakout with a target of $0.90.
📈 Technically
Supports: $0.75 (50-day EMA) and $0.71. Resistances: $0.815 and $0.90. A break above $0.90 will open the way to $1.05, and in the long term — to $2.
🔥 Main trigger
On September 4, the Sui Foundation launched a $10M fund for AI and DeFi developers — a direct capital flow into the ecosystem. In addition, DeFi yields are rising, and the network is handling explosive transaction growth without higher fees.
🎯 Two scenarios:
🚀 Bullish: break above $0.815 ➡ momentum toward $0.90, then $1.05.
📉 Bearish: third rejection + loss of $0.75 ➡ pullback to $0.71.
⚠️ DYOR — not financial advice.
#SUİ #SuiNetwork
Will SUI break the trendline this time?
📊 The picture
SUI is at $0.798, market cap ~$2.96B, top-30. The coin has broken above the 50-day EMA and is testing a key multi-year trendline for the third time. Analysts are expecting a breakout with a target of $0.90.
📈 Technically
Supports: $0.75 (50-day EMA) and $0.71. Resistances: $0.815 and $0.90. A break above $0.90 will open the way to $1.05, and in the long term — to $2.
🔥 Main trigger
On September 4, the Sui Foundation launched a $10M fund for AI and DeFi developers — a direct capital flow into the ecosystem. In addition, DeFi yields are rising, and the network is handling explosive transaction growth without higher fees.
🎯 Two scenarios:
🚀 Bullish: break above $0.815 ➡ momentum toward $0.90, then $1.05.
📉 Bearish: third rejection + loss of $0.75 ➡ pullback to $0.71.
⚠️ DYOR — not financial advice.
#SUİ #SuiNetwork
Will SUI break the trendline this time?
🚀 Да, летим к $0.90-1.05
📉 Нет, rejection и коррекция
⏸ Боковик, жду
45 min(s) left