– Sui (SUI) consolidates in $2.63–$2.79 “strategic accumulation zone” after July rally, with DEX quantity hitting $14B as adoption grows.
– Technical evaluation exhibits SUI breaking out of a symmetrical triangle sample, with analysts like Michaël van de Poppe signaling potential for discounted accumulation and beneficial properties.
– Worth targets vary from $7.60 to $14 based mostly on Fibonacci ranges, whereas institutional confidence rises through $450M SUI-focused non-public placements.
– A clear breakout above $4.30 resistance might set off sharp value acceleration, doubtlessly driving broader market momentum in blockchain ecosystems.
