Sui
Traded to $ 3,1110 Monday and rose 3.85% over the last 24 hours after a multi-hour uptrend pushing the token through key resistance levels. The asset hit a $ 3,1554 session high before running just over $ 3.11, with a strong volume that supports the breakout trial.
Michaël van de Poppe called Sui “super interesting as an ecosystem” in a post of X earlier Monday, pointing to several larger milestones on the chain. The StableCOin supply at the SUI network has grown from $ 400 million in January to nearly $ 1.2 billion. Meanwhile, the total value of Locked (tvl) has reached $ 1.8 billion ranking of third among non-evM chains. Wallet -adoption also accelerates, helped by the integration of Phantom and the launch of Slush, the Ommarked SUI design book.
Suilend, the protocol’s lending platform, has seen its Tvl Surge 90% over the last month to more than $ 600 million. Van de Poppe noted that this growth combined with previous bullish chart behavior can set the stage for a strong breakout if SUI can close over $ 3.30. He described this level as an important liquidity zone that could trigger a step to new heights.
The analysis period also showed strong buyer engagement, especially around $ 3.12. The award consolidated shortly after the top, but continued to form higher intradag -low – still suggested momentum despite a modest Cooldown from session heights.
Technical analysis highlights
- During the analysis period, SUI traded between $ 2,9742 and $ 3,1554, marking a 6.09% intraday movement.
- Price formed a consistent increase that breaks over $ 3.08 resistance with support establishment to $ 2.96- $ 2.97.
- Volume exceeded 12 million units between 01:00 and 07:00 GMT, which confirmed broad accumulation interest.
- At. 13:56 GMT rose SUI through the $ 3.12 level of a volume over 1 million units and started a breakout.
- Between 13:56 and 14:03 GMT remained strong and formed a new support band about $ 3.12.
- Mot The end of the analysis window went SUI from $ 3.09 to $ 3.13 in a 1.29% feature closing with Bullish Continuing patterns intact.
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