The recent rapid growth has increased on-chain activity and shifted investor sentiment. AMINA Bank, the first regulated Swiss institution, has started offering custody and trading services for the SUI token. This development has built a solid bridge between traditional finance and crypto. 

Meanwhile, the $500 million treasury funding provided by Mill City Ventures has strengthened the project’s long-term growth plans. With this support, 1.28 million new user accounts were created in just 24 hours. The total number of addresses has exceeded 257.9 million. 

According to Binance data, 70.8% of investors in SUI futures are in long positions. The long/short ratio stands at 2.42, indicating continued bullish sentiment among investors. 

On the other hand, open interest dropped to $699.6 million, revealing waning speculative interest. Additionally, the weighted market sentiment has declined to -0.655. Conversely, the social engagement rate rose to 0.973%. These conflicting metrics create uncertainty over short-term direction. 

What Do Technical Indicators Say? SUI Trapped Below VWAP 

SUI is currently consolidating just below the $3.50 resistance. This level aligns with the VWAP line and a previously supportive region. At this structurally pivotal point, buyers are preparing for a strong breakout. 

Meanwhile, a recovery in short-term EMA levels indicates an effort to stabilize price. Still, sustained movement above $3.50 is needed to confirm a clear direction. 

According to crypto analytics platform CryptoPulse, the current structure represents an accumulation zone. However, only a breakout above this resistance will confirm a short-term uptrend. 

$SUI has pulled back right into the sweet spot.
Price just hit the VWAP average and is sitting directly on structural support around $3.50. This is exactly where we’ve been waiting to step in.

SUI continues to gain recognition across the space and has the structure of a project… pic.twitter.com/f6lVqegA2I

— CryptoPulse (@CryptoPulse_CRU) August 4, 2025

The current setup shows descending highs after rejection from $5.25, indicating that bulls are regrouping just below the key threshold. If $3.50 is breached, the price is expected to move toward $4.00 and then $5.00. 

Moreover, strong on-chain activity and institutional backing reinforce the long-term outlook. However, caution is advised in the short term. 

With solid partnerships and funding, SUI is reinforcing its foundations. Still, short-term direction depends on the $3.50 resistance. Until this level is broken, the market will remain in wait-and-see mode. 

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The post SUI Price Targets $5 Amid AMINA Deal and $500M Backing appeared first on Coin Engineer.

Key Resistance In Focus

On the daily chart, Sei has climbed toward the critical $0.3585 resistance level. This zone has previously acted as a strong rejection point, making its current test especially noteworthy.

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If Sei can break and hold above this level, the next target could be in the $0.4318 – $0.3998 resistance range. This upper zone may attract increased bullish momentum and strengthen the ongoing uptrend.

Support Levels To Watch On Pullbacks

Should the market face renewed selling pressure, a pullback toward the support zone between $0.2994 – $0.2717 may unfold. This area has previously provided a reliable floor during past corrections and may do so again if weakness emerges.

Traders are advised to closely monitor how Sei behaves around these critical levels, as potential breakouts or rejections could define the next major move.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Sei Hits Key Resistance: Is A Breakout Imminent? appeared first on Coin Engineer.

After this downward attempt, a strong upward breakout could happen. This breakout could push Ethereum directly to the $3,000 range. While it’s expected that the price may dip and remain below the resistance level, this breakout could signal the beginning of a new bullish wave for investors.

Currently, Ethereum is in a period of uncertainty, but everything depends on this breakout. If the breakout occurs, the price could surge directly to $3,000. But how will this breakout happen?

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Is the Market in a Bad State?

There is a prevailing uncertainty in the market, and investors are wondering how Ethereum will overcome this critical level. Right now, observing this breakout closely and acting at the right time could present a significant opportunity. However, making the wrong moves could lead to Ethereum remaining within a narrow range for some time.

Patience is the most valuable asset at this point. Market conditions can change at any moment, so it’s crucial to monitor the breakouts and wait for the right moment. If the price breaks through this resistance, upward movement could become stronger for investors. However, if the breakout doesn’t occur, the downward movement could persist.

In conclusion, the future of Ethereum depends on how this breakout unfolds. If a strong upward move takes place, it could be a strong signal for a bullish trend. But the key is to wait patiently for this moment.

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The post Contracting Triangle Structure in Ethereum: Last Chance for Ascension! appeared first on Coin Engineer.