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BlackWhiteX
BlackWhiteX
$SUI SUI has surged strongly by 50% over the past week, pushing the price from around $0.94 (on May 4) up to $1.41 on Sunday. Main Drivers: • Strong Staking Activity: SUI Group Holdings staked over 108 million tokens (worth more than $143 million). • Explosive Trading Volume: Increased from over $213 million to more than $2.5 billion. Reference Strategy: • Current Price: ~$1.30 – $1.33 (after hitting a high of $1.41). Buy/Long (now or on pullback): Take Profit (TP): ◦ TP1: $1.50 (near-term target) ◦ TP2: $1.65 – $1.70 ◦ TP3: $1.90 – $2.00 (longer-term target) • Cut Loss (CL/Stop Loss): $1.18 – $1.20 (below key support, risk ~8-10%). Positive News: • Mysten Labs is preparing to launch fee-free stablecoin transfers and private transactions. • Paga Group has partnered with Sui to develop cross-border payments and stablecoin products. Overall SUI rally is strongly supported by robust on-chain activity and important strategic partnerships.

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