SUI Fight Prices Under $ 3-Can Can Vlfi Deal Spark Reversal?

The price of SUI continues to trade below the dollar brand, is struggling to get momentum despite the recent partnership with Trump Finance Freedom. What’s next?

Currently traded at $ 2.75 according to Crypto.News price tragerSui (Sui) It experiences weak momentum. At 42.39, a relative strength index indicates that the property is not resold, but still in the bear territory.

50-day EMA to $ 3.35 and 200-day EMA to 3.02 dollars, both bear signals. If pressure increases are sold, support is about $ 2.70 and $ 2.50, while resistance is $ 3.57.

Meanwhile, growing traders’ activities are shown 10% of the growth of open interest in the last 24 hours, according to Koeinglas data. Although the moment can be improved by moving over $ 3, a longer-term recovery depends on increased demand and stronger decentralized funding activities.

According to the Defi Ecosystem Sui showed mixed signals, according to data from defilas. The total locked value fell from $ 2.05 billion in January to 1.25 billion dollars, reflecting capital outflows. Meanwhile, the market capitalization of Stablecoin climbed $ 378 million at $ 648 million, a sign of greater liquidity.

There seems to be a reduction in trade activity, because the monthly decentralized exchange volume fell from $ 12 billion in January to $ 7 billion in February.

SUI announced partnership With World Wlpha, Trump-supported Defici Protocol that raised $ 300 million, March 6. The partnership involves researching the product development perspectives and adding SUI to the VLFI strategic reserve for strategic token. SUI initially increased about 18% on partnership news, but the momentum has cooled.

Arkham Intelligence data It shows that VLFI did not have a meaningful SUI before the announcement, throwing suspicion in immediate influence, but leaving traders, guessing that VLFI will soon start to get on Sui.

The institutional interest in SUI has also expanded, and Vaneck launched the first sui-damming production last year. Although this allows greater exposure to the means, it is yet to start purchase pressure. SUI, which competes with Etherem and Solan, has a market hat of $ 8.6 billion and transaction speed receivables up to 297,000 TPS.