SUI crypto has been navigating complex volatility in early 2025, with its price action drawing major attention. After a strong rally in late 2024, SUI is now consolidating below a key trendline resistance, entering a moment of caution. Network fundamentals, however, remain robust, and a possible breakout might be in the play.
SUI shows a downtrend on the 12-hour chart, with the price hovering around $2. The crypto peaked near $5 early this year, completing a potential Elliott Wave structure, but has since entered a corrective phase. Key Fibonacci support levels at $3.6 and $3.2 are critical, with the price showing consolidation within an ascending channel, hinting at a breakout.
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With Numerous Bullish Patterns, SUI Crypto Appears Poised for a Breakout
Current network activity shows strength, supporting optimism for a price pump. The total value locked (TVL) stands at $1.22 billion, with daily DEX volume exceeding $250 million. Additionally, SUI generates $45 million in annualized revenue, showing its sustained user engagement and ecosystem growth, which can catalyze the next leg up.
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Furthermore, market sentiment also aligns with these fundamentals, with many anticipating a breakout. The price has recently tested resistance, and a decisive move above this trendline will signal a continuation of bullish momentum. Conversely, failure to break out may lead to further consolidation or a pullback, with key support levels likely to be tested in the short term.
Built on a layer-1 blockchain, SUI offers user-friendly Web3 crypto applications through features like zkLogin and sponsored transactions. Its integration with NFT marketplaces and its $7 billion MC positions it as a powerhouse player in the crypto industry. This can also be seen in its position as one of the top 20 biggest coins, as per CoinGecko.
For now, SUI is down 4% amid choppy crypto market conditions, and its trading volumes are dropping by 16%. However, the token delivered a 5.8% return over the past week, outperforming another like TON, which lost 4.6%.
SUI’s resilience and trendline show that it is bottoming and primed for a breakout. With the market recovering, SUI is surely the crypto to watch.
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BONUS: Better Opportunity with This Layer-2 Crypto
Solaxy ($SOLX), a groundbreaking Layer-2 solution for Solana, is poised for a major breakout as meme coin season heats up. Yes, we might be looking for another Solana meme szn especially with Solana outperforming ETH at the moment.
As we know, Solana often faces congestion during high trading volumes, causing transaction failures and delays. Leveraging on this, Solaxy tackles the needs of Layer-2 by enhancing trade efficiency and reducing bottlenecks.
As Solana season returns, Solaxy’s scalability is vital. It will enable seamless transactions and unleash Solana’s full potential during intense trading volume.
Currently in presale at $0.00169, Solaxy has raised over $29 million, showing its game-changing power in Solana’s ecosystem.
With the presale nearing its end, this is the last chance to secure $SOLX at a low price before it hits exchanges. Adding to the excitement, staking $SOLX offers an impressive 137% APY, incentivizing holding, reducing early sell-offs, and providing substantial passive income.
YouTubers predict 10x to 100x gains post-launch, fueled by the anticipated meme coin supercycle.
With nearly $30 million raised and momentum building, Solaxy is a low-cap gem with massive potential.
For the latest updates on this gem, connect with the SOLX community on X and Telegram
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Key Takeaways
- SUI crypto priming for a breakout.
- This might be a better buy than SUI.
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