SUI is maintaining its $3.30 support level after a decline from $3.90, with potential recovery targets at $3.50 and $3.70. The token is consolidating within a range, with $3.20 as a critical downside level. An ascending triangle pattern on the daily chart suggests breakout targets up to $7 if momentum increases.
The Sui DeFi ecosystem shows resilience with a total value locked (TVL) nearing $2 billion, bolstered by strong decentralized exchange (DEX) volumes, a Robinhood listing, and a partnership with Google. Despite a recent $223 million breach of the Cetus Protocol, the market remains stable around $3.30.
SUI Maintains $3.30 Support Amid Recovery Signals
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