Global Stock News

Sui crypto rally hits overbought extremes as DeFi fees jump 913% weekly

Sui crypto rally hits overbought extremes as DeFi fees jump 913% weekly

Trading at $0.85 on August 22, 2026, the Sui crypto market sits at a critical juncture, with daily charts flashing overbought warnings while the hourly structure remains constructively bullish. The tension between exhaustion and continuation makes the next few sessions decisive.

SUI/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • Sui trades at $0.85 as of August 22, 2026, with the daily RSI at 75.79, firmly in overbought territory.
  • DeFi protocol fees across Momentum, Cetus, Bluefin, DeepBook, and Turbos have surged with Turbos posting a 913.09% weekly increase.
  • The hourly chart maintains a bullish EMA stack, but MACD momentum is flattening near the highs.
  • The $0.84–$0.86 pivot zone will likely…

Source link

Share this article

Scroll to Top