The analyst targets $ 7 in $ 1T Stablecoin Freed and Swiss Bank star-news.press/wp

Since early August, SUI has gained renewed attention from both retail and institutional circles. The repeated bounce outside the long -term trend line has generated the investor optimism. From the time of the press, SUI was trading around 3.38, the third time it kept above the main support this year. Meanwhile, the ecological system is gaining momentum in new institutional support and increased Defi activity. This, besides locating on the chain, creates a possible set of another gathering.

The analyst predicts $ 7, as SUI re -tests historical support again

analyst Lao He predicted the SUI price of $ 7, with a good technical structure that can be seen on the weekly graph. In its analysis, SUI respected the rising trend line on many re -tests. The initial reversal of the trend line gave this gathering 1058 % and the second bounce gave 122 %. SUI now wore again the same Qatari support, and now trading over the $ 3.38 sign.

This procedure reflects its historical performance, which is well raised in the possibility of another explosive gathering if the price continues in its historical path. The analyst says that the following main leg can be confirmed by a clean outbreak above $ 4.55.

The analyst emphasizes that every previous re -test of the direction line caused a strong upper motivation. Moreover, the new composition appears to play the same scenario. As long as this increasing support maintains, Lao adheres to its 7 dollars based on repetition patterns.

The upper depression and constant respect for the trend line shows that buyers flourish more. Consequently, technical evidence greatly supports the ups in the price of the bi -up SUI if the momentum continues.

Institutional support and standards on the chain are promoted by the upcoming feelings

Switzerland-Organization SYGNUM also merged sui It now provides custody, deception and trade services to institutional investors. This approval is an important step in the SUI path to the prevailing financial legitimacy.

Meanwhile, Defi exploded on the SUI network, with the volume of Stablecoin transfers that exceed $ 1 trillion. This degree of utility indicates an increased user activity and liquidity in the ecosystem. the Institutional support for desired And support for the long -term DEFI in the long -term SUI price.

Despite the upscale activity, the pressure pressure continued. Spot Excination Sui Shailows Stand In 174.45 million, a little higher than external flows at 170.32 million. This narrow net flow checks the demand for sales in the short term, while depositing more symbols in the stock exchanges, which are usually provided for distribution.

Moreover, and 90 days Spot CVD The Taker’s selling volume is still more emphasized on the continued decline pressure. However, it seems that these negative feelings are of a long interest on Binance, where the long/short percentage jumped to 2.39, according to Coinglass. More than 70 % of merchants prepare on the upper side, which may compensate for the effect of the last procedure from the sale side and leads to the strength of a short -term price.

In conclusion, SUI remains in the upward technical position, where an analyst offers a goal of $ 7. Despite the pressure of the dominant sale, 70 % of merchants who occupy long positions enhance the upscale momentum. This powerful site raises the highest SUI interruption opportunities in the short term.

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