{"id":32114,"date":"2025-06-16T17:33:51","date_gmt":"2025-06-16T17:33:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32114"},"modified":"2025-06-16T17:33:51","modified_gmt":"2025-06-16T17:33:51","slug":"sui-is-on-the-edge-of-a-new-run-towards-highs-says-crypto-analyst-michael-van-de-poppe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32114","title":{"rendered":"SUI Is \u2018On the Edge of a New Run Towards Highs,&#8217; Says Crypto Analyst Micha\u00ebl Van De Poppe"},"content":{"rendered":"<div>\n<p>SUI SUI traded at $3.1110 on Monday, rising 3.85% over the past 24 hours following a multi-hour uptrend that pushed the token through key resistance levels. The asset hit a session high of $3.1554 before settling just above $3.11, with strong volume supporting the breakout attempt.<\/p>\n<p>Micha\u00ebl van de Poppe called SUI \u201csuper interesting as an ecosystem\u201d in a <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1934581732977803614\">post on X<\/a> earlier Monday, pointing to several major on-chain milestones. The stablecoin supply on the Sui network has grown from $400 million in January to nearly $1.2 billion. Meanwhile, total value locked (TVL) has reached $1.8 billion \u2014 ranking third among non-EVM chains. Wallet adoption is also accelerating, helped by the integration of Phantom and the launch of Slush, the rebranded SUI wallet.<\/p>\n<p>SuiLend, the protocol\u2019s lending platform, has seen its TVL surge 90% over the past month to more than $600 million. Van de Poppe noted that this growth, coupled with previous bullish chart behavior, may set the stage for a strong breakout if SUI can close above $3.30. He described that level as a key liquidity zone that could spark a move to new highs.<\/p>\n<p>The analysis period also showed strong buyer engagement, particularly around $3.12. Price briefly consolidated after the peak but continued to form higher intraday lows \u2014 suggesting continued momentum despite a modest cooldown from session highs.<\/p>\n<p>Technical Analysis Highlights<\/p>\n<ul>\n<li>During the analysis period, SUI traded between $2.9742 and $3.1554, marking a 6.09% intraday move.<\/li>\n<li>Price formed a consistent uptrend, breaking above $3.08 resistance with support establishing at $2.96\u2013$2.97.<\/li>\n<li>Volume exceeded 12 million units between 01:00 and 07:00 GMT, confirming broad accumulation interest.<\/li>\n<li>At 13:56 GMT, SUI surged through the $3.12 level on a volume spike over 1 million units, initiating a breakout.<\/li>\n<li>Between 13:56 and 14:03 GMT, price action remained strong and formed a new support band around $3.12.<\/li>\n<li>Toward the end of the analysis window, SUI advanced from $3.09 to $3.13 in a 1.29% move, closing with bullish continuation patterns intact.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SUI SUI traded at $3.1110 on Monday, rising 3.85% over the past 24 hours following a multi-hour uptrend that pushed the token through key resistance levels. The asset hit a session high of $3.1554 before settling just above $3.11, with strong volume supporting the breakout attempt. Micha\u00ebl van de Poppe called SUI \u201csuper interesting as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32114","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32114"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32114\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}