🚀 **SUI Soars!** 🚀

Sui (SUI) has recorded an impressive price rally, surging 35% in the past week and hitting a six-month high of $1.22! 🎉

**Key Highlights:**

- **Price Surge:** Up 10% in the last 24 hours, now trading at $1.2.

- **Market Cap:** Surpassed $3.2 billion, ranking as the 30th-largest crypto asset.

- **Trading Volume:** Daily volume around $673 million.

**Drivers Behind the Rally:**

- **USDC Integration:** Upcoming native USDC and Cross-Chain Transfer Protocol expected to boost liquidity and cross-chain transactions.

- **Partnership:** Collaboration with MoviePass.

- **Futures Demand:** Open interest hit a new peak of $315 million.

- **DeFi Growth:** Total value locked in DeFi sector rose by 25% to over $741 million.

**Technical Indicators:**

- **Bullish Patterns:** Above 50-day and 200-day SMAs, inverse head and shoulders pattern.

- **Resistance Level:** Key resistance at $1.40.

- **Support Levels:** Immediate support at $0.9325, lower support at $0.6702.

What do you think about SUI's rally? Share your thoughts in the comments! 💬

Read more: Blockchain Sui to add support for native USDC