$1.13 SUI, do you dare to add to your position?

The listed company just pledged all 2.7% of its circulating supply, with zero fees + privacy roadmap just officially announced, validator threshold dropped by 90%—but just now, a DeFi vulnerability caused a sell-off of 150k SUI, RSI dropped straight to 14.2, and the price fell from 1.41 back to 1.13.

First, look at the surface: positive news explosion, momentum like a rainbow.

On May 11, it surged 19% in a single day, up to 50% in a week, maintaining a top market cap, TVL increased another 18% this week, fee revenue skyrocketed by 201%, DEX trading volume increased 233% week-over-week. The candlestick chart shows: starting from 0.92, a V-shaped reversal broke through all moving averages.

First thing: listed companies and institutions are locking in real money.

Nasdaq-listed SUI Group Holdings pledged all 108 million SUI (accounting for 2.7% of circulating supply), worth $143 million.

At the same time, SIP-39 was activated, lowering the validator minimum staking threshold from 30 million to 2.4 million, active validators increased from 108 to 127.

Second thing: the roadmap hits directly with a dimensionality reduction.

Announced at Consensus 2026: protocol-level zero-fee stablecoin transfers + privacy transactions to be launched within the year.

Zero fees + privacy—these two words together, feel the impact on DeFi and traditional capital.

Third thing: a dangerous technical signal appeared.

Scallop protocol side chain vulnerability, losing 150k SUI. The amount isn't large, but the emotional impact is strong—capital outflow instantly surged to $2.05 million, and the price dropped directly from 1.21 to 1.13.

RSI fell below 14, indicating extreme panic, but also meaning a rebound is imminent.

On one side:

- The listed company pledged 2.7% of circulating supply, supply locked

- Zero-fee + privacy roadmap, killer feature

- TVL and fee revenue both exploded, ecosystem accelerating

- Validator decentralization greatly improved

On the other side:

- DeFi vulnerability triggered panic selling

- RSI at 14.2, short-term sentiment collapsing

- Price retraced 20% from 1.41, with trapped positions stacking up

- 60% of total supply still locked, long-term dilution pressure

Key level 1.13, only 3 cents away from strong support at 1.10.

Resistance above: 1.20 → 1.28-1.32 → previous high at 1.41

Support below: 1.10 (weekly + 0.5 Fibonacci) → 1.04 (monthly bottom)

Short-term traders:

Wait for the 1.10-1.13 range to buy in batches, stop-loss at 1.03, first target 1.28-1.32, second target 1.40. RSI 14 could rebound violently at any time, but be prepared for another 5% drop.

Swing traders:

Wait for daily volume to recover above 1.20 before entering, use dynamic take-profit to hold, target 1.60-1.80. Entering now is a gamble that it won't break 1.10—win the gamble and profit, lose and cut losses.

Long-term believers:

Blindly invest in the 1.10-1.13 zone. SUI's fundamentals have evolved from "high-performance public chain" to "institutional-grade financial infrastructure." End of 2026 target: $2.5-3.5, betting on zero-fee stablecoins + privacy transactions becoming the next big trend.

SUI now is like SOL at the end of 2024—

99% of people were scared out by short-term bad news, only to realize when it rose from 20 to 200 that they sold at the starting line.

Dared not buy at RSI 14, so do you wait until RSI hits 80 to chase? #Gate广场五月交易分享 #CLARITY法案参议院通关 $BTC $ETH $SUI