🚀 Is $SUI Ready for a Breakout After a Strong Surge? 📈

🔥 SUI Sees Massive Trading Activity SUI has recorded $350B in total swap volume, with its price rising 7.72% in 24 hours to $3.05. Over the past 30 days, SUI gained 12.98%, hinting at a potential bullish reversal. 📊 Breaking the Descending Channel? SUI is attempting to break out of a descending channel after bouncing from key support. If it holds momentum, a northbound move is possible, but $3.2 resistance remains a challenge. Failure to break through may lead to consolidation or downside pressure. 📢 Social Dominance on the Rise SUI’s social volume surged to 112, with dominance at 0.53%, signaling growing community interest. Increased engagement often fuels volatility, which could drive further price movement. 📉 Liquidation Heatmap & Open Interest Key liquidation levels are at $2.9-$3.0—a dip below could trigger volatility, but holding above strengthens bullish momentum. Open Interest jumped 8.23% to $672.94M, indicating traders are positioning for a breakout. 🚀 What’s Next for SUI? If SUI breaks $3.2, it could sustain an upward trajectory. However, failure to do so might result in short-term consolidation before another attempt. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.