{"id":42351,"date":"2025-08-15T10:01:52","date_gmt":"2025-08-15T10:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42351"},"modified":"2025-08-15T10:01:52","modified_gmt":"2025-08-15T10:01:52","slug":"sui-down-6-but-analysts-say-7-is-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42351","title":{"rendered":"SUI Down 6%, But Analysts Say $7 Is Coming"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">SUI falls to $3.81 after heavy liquidations, yet technical charts point toward higher price targets.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Breakout above $3.57 Fibonacci level confirms support, setting the stage for a possible move toward $7.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analyst projects climb to $4.90, brief pullback, then surge to $6.90\u2013$7.00 in the coming weeks.<\/span><\/li>\n<\/ul>\n<h2><b>Price Drop Follows Liquidations<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Sui (SUI) traded at $3.81 after falling 6% in the past day, with $1.56 billion in turnover. The move came after a wave of liquidations hit leveraged positions across major exchanges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Long positions worth $14.34K and shorts worth $119.18K were closed during the session. Binance saw the largest share, with $67.37K in short liquidations and $13.59K in longs. OKX, Bybit, and Gate also recorded position closures, though in smaller amounts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, market charts from Ali Martinez show SUI breaking out of a long-term symmetrical triangle pattern. The <a href=\"https:\/\/cryptopotato.com\/sui-breakout-could-lead-to-8-analyst-explains-why\/\" data-wpel-link=\"internal\">breakout<\/a> came above $3.57, in line with the 0.618 Fibonacci level, which is now acting as support.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$SUI<\/a> bullish retest complete, targeting $7! <a href=\"https:\/\/t.co\/IimwBmUzaE\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/IimwBmUzaE<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1956126940537962779?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Interestingly, technical levels suggest a path toward $5.25 as the next key area. Extensions place further targets near $6.9 and $7. Martinez projects a move to $4.9, a brief pullback, and a climb toward the $6.90\u2013$7.00 zone in the coming weeks.<\/span><\/p>\n<h2><b>DeFi TVL Near Record Levels<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The total value locked in Sui-based DeFi protocols is at $2.150 billion, down 4% in 24 hours but close to its highest point on record.<\/span><\/p>\n<figure id=\"attachment_408725\" aria-describedby=\"caption-attachment-408725\" style=\"width: 1340px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-408725\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31.png\" alt=\"SUI TVL\" width=\"1340\" height=\"794\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31.png 1340w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31-300x178.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31-1024x607.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31-768x455.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-15-at-10.55.31-50x30.png 50w\" sizes=\"auto, (max-width: 1340px) 100vw, 1340px\"><\/a><figcaption id=\"caption-attachment-408725\" class=\"wp-caption-text\">Source: DefiLlama<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Data from DefiLlama shows TVL growth from about $500 million a year ago to above $2 billion this year. Gains accelerated from late April 2025 after crossing $1.5 billion. The trend has stayed upward despite short-term dips.<\/span><\/p>\n<h2><b>21Shares Adds New ETPs in Europe<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">21Shares has <a href=\"https:\/\/x.com\/21Shares\/status\/1955270850292101617\/\" data-wpel-link=\"external\" target=\"_blank\">listed<\/a> two new crypto exchange-traded products on the SIX Swiss Exchange. The 21Shares Sui Staking ETP (ASUI) offers staking exposure to SUI with built-in risk controls. The 21Shares XDC Network ETP (XDCN) provides direct price exposure to XDC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These join the company\u2019s existing products on Euronext Amsterdam and Paris, widening investor access to both assets across European markets.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/sui-down-6-but-analysts-say-7-is-coming\/\">SUI Down 6%, But Analysts Say $7 Is Coming<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR SUI falls to $3.81 after heavy liquidations, yet technical charts point toward higher price targets. Breakout above $3.57 Fibonacci level confirms support, setting the stage for a possible move toward $7. Analyst projects climb to $4.90, brief pullback, then surge to $6.90\u2013$7.00 in the coming weeks. Price Drop Follows Liquidations Sui (SUI) traded at [&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-42351","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\/42351","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=42351"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42351\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}