SUI’s Total Value Locked (TVL) hitting $2.2 billion and a 222% increase year-on-year indicates strong DeFi growth. With rising open interest and bullish signals, it is poised for a breakout through the key $4.18 resistance.
Short liquidations of $1.64 million reflect bearish pressure fading, while rising momentum indicators like MACD point to maintaining upward momentum. If SUI breaks and holds above $4.18, a significant rally could ensue.
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