The price of SUI is on the edge of 60% alignment as a rocket from DEX scope

Prices Sui remains in the bear market, has collapsed almost 60% of its January top.

Sui (Sui), A fast-growing layer-1 block, traded on Friday of $ 2.66, which gave market capital over $ 7.35 billion.

However, a coin can be ready for a beech turn, which support both powerful technical and basics. Toward Defi LlamaSUI decentralized stock exchange (DEX) Ecosystem was strongly performed this week, with protocols processed over 1.95 billion dollars in volume, increases 70% of the previous week.

This translation was pushed by Sui in the seventh largest DEX network per weekly scope, marking its best ranking in 2025. years.

Cetus led the way, with weekly quantities climbing by 70% to almost $ 1.2 billion. Other significant performers include Bluefin, who jumped 62% jump to 483 million dollars, and then Deepbook, Haedal and Turbos.

Additional Data That in the total value of the sui, he was locked stable in recent weeks, which stood at 1.26 billion dollars, ranking it as a ninth largest TVL block. Bridging property on the network are valued at 1.77 billion dollars, while the total stablecoin market cap is sitting to 721 million dollars.

SUI technical analysis

The daily reveals that SUI token was on a sharp trend since it has reached its time from $ 5.3,647 in January. The bottom is on $ 1,9690 in March.

Like many Altcoini, SUI formed a drop by a pattern clinis, classic Bullish adjustment that two descendants and converging trendline defined. The break up from this clin happened on March 21. March.

After breaking, SUI was admonated, but he found resilience to $ 2,8285, a level involved with a 50-day moving average. It now slowly forms a double bottom sample of about $ 1.9690, another technical indicator of the bakery.

If the double bottom is held, the price of SUI will probably return to the support level of 1,9690, before it has continued its growth. The break up above the neckline in 2,8285 USD would confirm the form, establishing a potential set according to 38.2% of Fibonaccs in the amount of $ 3.51, about 57% higher than the current price.