The post SUI Holds Support at $2.05, Eyeing a Strong Breakout Toward $2.30 and Beyond appeared on BitcoinEthereumNews.com.

Key Insights: SUI rebounds after holding $2.05 support, targeting a breakout above $2.20. DeFi activity surges, with $681B token volume and $1.57B net inflows. Rising liquidity, inflows, and usage position SUI for further growth in the DeFi space. SUI Holds Support at $2.05, Eyeing a Strong Breakout Toward $2.30 and Beyond SUI has shown a clear trend of consolidation followed by drops, then rebounds. Recently, it held strong support near $2.05 and is now pushing towards the resistance level. A potential breakout above the resistance level could lead to further gains, with a move toward $2.30 or higher being a key target for investors. Recent Price Action and Support Levels The price of SUI recently found strong support near $2.05 after experiencing a drop. This level has been critical in maintaining stability. As of the latest update, the price of SUI stands at $2.17, with a 1.76% increase in the last 24 hours.  If the cryptocurrency can break through the $2.19–$2.20 resistance zone, it could signal a shift toward a higher price range. According to recent observations from market analysts, A strong breakout above this level could open the door for a move toward $2.30+.  SUI Upward Momentum | Source: X This suggests that the current momentum is building for potential growth, with many traders watching for signs of further upward movement. The price of $SUI is currently at $2.17, with a 24-hour trading volume of $922 million. Over the last 24 hours, SUI has gained 1.76%.  Rising Momentum in SUI SUI has been showing significant momentum across the decentralized finance (DeFi) space. Recent data indicate that it has outpaced much of the broader DeFi curve. SUI’s performance includes a notable increase in decentralized exchange (DEX) volume, net inflows, and token volume.  Momentum in DeFi | Source: DefiLlama On November…

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Filed under: News - @ November 10, 2025 7:30 pm