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    You are at:Home » AMINA Bank Supports SUI: Falling Wedge Indicates a 59% Price Increase
    NEWS

    AMINA Bank Supports SUI: Falling Wedge Indicates a 59% Price Increase

    By adminAug. 6, 2025004 Mins Read
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    AMINA Bank Supports SUI: Falling Wedge Indicates a 59% Price Increase
    AMINA Bank Supports SUI: Falling Wedge Indicates a 59% Price Increase
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    Swiss-regulated AMINA Bank AG launched trading and custody services for SUI on August 5, 2025.

    The bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), became the first globally to provide regulated access to the SUI token.

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    AMINA confirmed it will add SUI staking for institutional clients in the coming months. The bank’s services include unrestricted trading volumes, full control over deposits and withdrawals, and built-in compliance and audit tools. This structure targets financial institutions seeking secure exposure to SUI under regulated conditions.

    Growing Institutional Demand for SUI

    The launch aligns with increasing institutional interest in SUI. Exchange-traded fund applications from Canary Capital, 21Shares, and Bitwise are under review. Separately, Mill City Ventures invested about $441 million in SUI, integrating the token into its treasury.

    175463243726623

    SUI’s network has recorded over $2.2 billion in total value locked and reached $14.27 billion in decentralized exchange trading volume in July. It also surpassed Solana in monthly stablecoin transfers, reinforcing its expanding market role.

    SUI is built with the Move programming language and designed for sub-second transaction finality, horizontal scalability, and high throughput. These features position it for enterprise adoption and support its integration into traditional finance.

    AMINA Bank’s move establishes a regulated pathway for institutions to access SUI while reinforcing its role in the broader financial system.

    SUI RSI Indicates Neutral Momentum with Potential Upside

    On August 6, 2025, the Relative Strength Index (RSI) for SUI stood at 43.67 on the 14-period setting, while its signal line read 45.44. RSI measures the speed and magnitude of price movements on a scale of 0 to 100. A reading near 50 reflects neutral momentum, suggesting neither strong buying nor strong selling pressure.

    17546324384627

    The RSI has moved upward from recent lows near 30, which typically signals oversold conditions. Its climb toward mid-range levels shows early signs of recovery. If RSI crosses above 50 with increasing slope, it would confirm strengthening bullish momentum in line with the falling wedge breakout setup seen on the price chart.

    This neutral RSI combined with stable positioning suggests SUI is consolidating before a potential move higher, aligning with the projected price target of $5.42 if volume supports an upward breakout.

    SUI MACD Shows Early Signs of Bullish Momentum

    On August 6, 2025, the Moving Average Convergence Divergence (MACD) for SUI displayed a histogram value of 0.0030, with the MACD line at –0.0432 and the signal line at –0.0462. The MACD line has crossed above the signal line in the negative zone, indicating an early bullish crossover.

    175463243864090

    This crossover often signals a potential shift from bearish to bullish momentum. The histogram turning positive supports this transition, reflecting increasing buying pressure. While both lines remain below zero, a continued upward move could confirm strengthening momentum if they shift into positive territory.

    This MACD structure aligns with the falling wedge breakout pattern and neutral RSI levels, suggesting that bullish momentum is gradually building, which supports a projected move toward $5.42 if confirmed by price action and trading volume.

    SUI DMI Reflects Weak Trend but Nearing Bullish Shift

    On August 6, 2025, the Directional Movement Index (DMI) for SUI showed the positive directional indicator (+DI) at 18.59, the negative directional indicator (–DI) at 18.66, and the average directional index (ADX) at 14.79. The near-equal levels of +DI and –DI indicate a lack of clear trend dominance, while the low ADX value suggests weak trend strength.

    175463243817420

    The close alignment of +DI and –DI signals a potential transition phase. If +DI crosses above –DI with a rising ADX, it would confirm growing bullish momentum. Current values suggest consolidation, but early positioning shows the market may be preparing for a directional move.

    This DMI reading complements the falling wedge pattern, neutral Relative Strength Index, and emerging bullish crossover on the Moving Average Convergence Divergence, together signaling that trend strength could build if price breaks out upward with volume confirmation.

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