- SUI sets the new DEX volume record to $ 14.8B, but the price is less than $ 3.87.
- Even if the TVL rises and flows, the MACD and Clearing Cluster have limited short -term brake out potential.
ON (SUL) In May 2025, we recorded the highest monthly Dex volume and set a new milestone of $ 14.8 billion. It is almost four times the average historical average of $ 39.3 billion.
This aggressive industry strengthens trading activities as the trading activities are increasing and interest in continuous momentum within the ecosystem.
Volume growth is often the priority over the price rally, but the current strengthening of the SUI suggests that the merchant maintains a cautious state under the main resistance.
Nevertheless, this unprecedented volume surge can lay the foundation for failure if the buyer pressure persists.
Can TVL and warm chain activities rise?
SUI’s total value lock (TVL) has risen to $ 2.42 trillion, up 7.69% over the last 24 hours.
This rapid rise indicates that capital is flowing more and more with SUI -based Defi protocols.
In addition, the spot flow showed a gentle accumulation prejudice. Along with the rise of TVL, the net inflow of $ 13 million was implied with steady hands accumulated during integration.
Source: Defillama
Despite the strong chain signal, I pay attention to the merchants.
The public interest is $ 1.79 billion, down 2.83%, which shows that the leverage trader can trim the exposure or lock the recent profits and breathe.
This regulation in the speculative position reflects the uncertainty of the short -term direction.
Slow price measures: Do you have a resistance of about $ 3.87?
SUI increased 3.98% to $ 3.69 for Press Time. But it was trapped in $ 3.87- $ 4.13 Fibonacci resistance area.
So far, prices have been integrated for several weeks within this range.
MACD indicators showed the weakened trend in which the signal and the MACD line converged and faded the histogram bar.
Despite the favorable DEX and TVL trends, these momentum loss suggests that market participants are waiting for confirmation before they actively enter.
Therefore, if the buyer does not pass the resistance area, the price may be trapped in the current range.
Source: TradingView
Does the SUI liquidation cluster block the brake out?
The liquidation heat map data reveals a dense liquidation risk area between $ 3.6 to $ 3.87, which emphasizes the most vulnerable location of the short position.
This cluster often acts as a resistance. The price of the price tends to cause defensive sales or forcibly liquidation.
Destroying more than $ 3.87 can cause short pressure, which can accelerate the price to the next major FIB level near $ 4.97. But if you don’t organize this zone, you can invite a fullback to $ 3.57 or $ 3.12.
Source: COINGLASS
Can SUI turn growth into a decisive breakout?
Of course, the SUI’s defi activity looks explosive, but the price still hasn’t followed.
The road in the future depends entirely on the bulls that exerts power to overturn the $ 3.87 – $ 4.13 range.
Without that breakdown, even the record metrics may not be enough to push the SUI in this maintenance pattern.