- The price of Sui reaches $ 3.90 after 9% internal benefits.
- The golden crossing between 50 days to 200-day Mother signals the bullishi trend.
- The network exceeds 10 billion summaries with $ 1,729 billion TVL.
Sui has jumped into a strong recovery phase, in the middle of the altcoin wider market rebound. Currently trading $ 3.90 is a sign of 8% intraday's profits, as the technical figures correspond to the potential impetus of $ 6 to achieve the highest level of all time.
The collision-back side coincides with the golden intersection on the price map, fueling the optimism among bulls waiting for a permanent rally in the coming weeks. This technical development comes after a period of consolidation, which has maintained the pricing of Sui relatively firmly.
A strong technical recovery is formed
Sui's current recovery began at the 23.60% Fibonacci level ($ 3.30), where buyers stepped in to stop the recent decline. After weeks, the unconscious price movement is a wider market for a catalyst, which is necessary to push the Sui.
The daily card is formed by a bullish pharynx, which confirms the positive reversal of the $ 3.30 -dollaris support zone. The 50-day and 200-day exponential moving average (EMAS) golden cross reinforces this bullish outlook, usually signaling a longer-term rise from the beginning.
Technical analysis refers to the imminent bullish Crossover between the 50 and 100-day mother lines, which creates complete positive alignment between the main moving average. The Chaikin Cash Flow Index is currently located at 0.21, which shows a strong capital inflow into Sui, where there is room to grow near its previous high 0.40.
Based on trend -based Fibonacci projections, Sui stands at the level of direct resistance of around $ 4.63. Should buyers be maintained, the withdrawal pattern will refer to the highest 6th dollar potential test of all time in the coming weeks.
Negative protection seems to be strong when a 200-day mother ($ 2.84) has a key support and psychological support at the 2-Dollar level. This support structure creates the basis for the current rally to be based.
Although Price Action grabs the trader's attention, Sui's network meters show equally convincing growth. According to Suiscan, the block chain has now processed over 10 billion transactions, marking an important milestone in the ecosystem.
The total value of the network is locked (TVL) reached $ 1.729 billion, approaching its earlier peak to $ 2 billion. This metric indicates the number of assets dedicated to decentralized financial protocols, which shows the increasing introduction and confidence of users.
Account continues, the total number is now exceeding 180 million, selecting further network expanding user base.
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