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SUI Nears $5.30 ATH as On-Chain Momentum Signals Bullish Breakout

SUI Nears $5.30 ATH as On-Chain Momentum Signals Bullish Breakout

Published:
2025-05-14 07:26:14
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

SUI’s strong consolidation NEAR the $4.50 resistance level indicates growing bullish momentum, supported by Phantom Wallet integration and surging DeFi activity. The network’s $2.18B TVL and over $11B in monthly DEX volume highlight accelerating adoption.

Technical indicators show aligned EMAs reinforcing an upward trajectory, though the RSI at 68 suggests potential near-term consolidation before breakout attempts. Traders are closely watching the $5.30 all-time high as the next key psychological target.

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