DeGRAM | SUIUSD fixed above the $3.2 level📊 Technical Analysis
● Price respects a broad descending channel but just bounced from the lower support line with a long-wick rejection; bullish divergence and a sequence of higher lows from June signal a turn.
● Break back above the mid-channel and a short bull flag point to a run toward the upper boundary/summer swing highs; invalidation below the last swing low and trendline.
💡 Fundamental Analysis
● Recent coverage highlights Sui’s fast-growing ecosystem and listings despite prior unlock risks; sentiment improved as builders/TVL expand and overhang fades.
✨ Summary
● Long SUI: buy pullbacks above trendline support; target the channel top / prior highs; watch the last swing low as a stop. Potential boosted by ecosystem growth noted in recent Yahoo/FxStreet reports.
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Suiusdanalysis
DeGRAM | SUIUSD is aiming to retest support📊 Technical Analysis
● Price is holding above the rising support trendline and key horizontal support near $3.31, setting up a potential rebound.
● A sustained break above the descending resistance around $4.44 could pave the way for a run toward recent highs near $4.80–$5.00, aligned with the upper channel.
💡 Fundamental Analysis
● SUI’s DeFi ecosystem continues to surge—TVL has topped $2 billion, and institutional interest is growing (e.g., Mill City Ventures’ $450M accumulation and Robinhood listing).
✨ Summary
Long above $3.31; breakout above $4.44 targets $4.80 → $5.00. Invalidation below $3.31.
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