- SUI/USDT forms a symmetrical triangle with RSI divergence, signaling bullish momentum and possible breakout near the $5 target area.
- SUI blockchain’s TVL soared to $2.7 billion by October 2025, reflecting growing adoption and strong investor confidence in DeFi platforms.
- Daily trading volume hit $4.63 billion, with futures interest rising to $871 million, showing aggressive repositioning across major exchanges.
SUI/USDT is showing strong breakout potential as bullish technicals align with surging volumes and record-high $2.7B TVL, positioning the token for a possible rally despite recent volatility and a sharp weekly downturn.
Symmetrical Triangle Forms Amid Volatility
A symmetrical triangle is forming on the daily chart of the SUI/USDT pair. This pattern is created by a rising support line and a descending resistance line. Historically, such setups tend to lead to strong directional breakouts as they near the apex.
According to an analysis shared by SatoshiFlipper, each time RSI hits oversold levels, the price rebounds sharply. These areas are marked by bullish RSI divergences, indicating momentum may favor buyers. The chart uses Heikin Ashi candles, which show cleaner trend signals, making the pattern more visible.
A recent fakeout below the support line turned out to be a quick recovery, possibly trapping short positions. This false breakdown suggests the presence of strong buyers defending key support levels. If price breaks above the resistance with volume confirmation, targets as high as $5 are projected.
TVL Growth Points to Strengthening Fundamentals
Total Value Locked (TVL) data from DeFiLlama reflects increasing investor confidence in the SUI ecosystem. From mid-2023 to October 2025, TVL has surged from under $500 million to nearly $2.7 billion. This rise suggests rising interest in DeFi protocols built on the SUI blockchain.
TVL began its sharp ascent in late 2023, coinciding with improved infrastructure and protocol launches. The metric peaked near $1 billion by mid-2024, briefly corrected, then resumed upward movement, signaling sustained capital inflow. By early 2025, it surpassed the $2 billion mark.
These cycles often align with user incentives, new token launches, and strategic partnerships. The recent highs in TVL underscore the blockchain’s growing role in decentralized finance, even during broader market fluctuations. It adds a supportive backdrop to SUI’s current price behavior.
Market Recovers from Flash Crash; Traders Reposition
From October 7 to 13, SUI experienced volatile trading conditions, including a sharp drop from 12B to under 7B in total trading value. The sudden decline on October 11 appeared to be a flash crash or major sell-off, with values recovering shortly after to just above 9B.
Following this, trading volumes remained volatile, fluctuating between 9B and 10.5B, suggesting ongoing market caution. Despite the recent rebound, the metric has not yet returned to pre-crash levels, maintaining a lower baseline. This period reflects heightened uncertainty and risk sensitivity.
In parallel, SUI’s 24-hour trading volumes surged to $4.63 billion in futures and $640 million in spot markets. Open interest rose to $871 million, supported by inflows on Binance, MEXC, and Bybit. While the price saw gains, the long/short ratio remains nearly even, reflecting mixed sentiment.
