This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
SUI’s price dropped to $3.81 amid heavy liquidations, but technical charts suggest a bullish reversal with targets up to $7. Analysts highlight key Fibonacci levels and DeFi TVL trends as catalysts for the anticipated rally.
- SUI's price decline to $3.81 was driven by $14.34K long and $119.18K short liquidations, with binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance leading the closures.
- A breakout above the $3.57 Fibonacci level confirms support, with technical targets at $5.25, $6.90, and $7.00.
- 21Shares launched two new ETPs in Europe, including a SUI staking product (ASUI) and XDC Network ETP (XDCN), broadening investor access.
📎 Related coverage from: cryptopotato.com