The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
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 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.
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