- HAEDAL jumped 84% from $0.1161 to $0.2139 after breaking resistance, with no rejections and buyers holding intraday highs.
- EMAs are fully aligned as HAEDAL trades over 55% above the 10 EMA, confirming strong momentum and trend continuation.
- Weekly buybacks and $184M Sui inflows keep HAEDAL’s breakout intact, with price now aiming for the $0.31093 extension.
HAEDAL has exploded into price discovery, breaking key resistance levels and extending its rally to over 80% gains. The altcoin’s momentum remains sharp as volume, structure, and fundamentals align behind the current surge.
Momentum-backed structure fuels HAEDAL’s vertical run
According to a post by Crypto Bull, HAEDAL climbed from $0.1161 to $0.2139 within hours, closing with an 18.30% daily gain and hitting a high of $0.2148. Volume hit $146.92M, with buyers holding the top end of the session. The lack of rejection wicks shows strong conviction.
The move followed a clean ascending triangle breakout below $0.145, where price compressed with higher lows. Once $0.155 broke, HAEDAL surged fast, taking out the $0.20501 resistance and flipping it into a confirmed support zone. A mid-run bull flag gave the next boost, setting the stage for a continuation toward $0.31093.
The EMAs are now stacked with bullish alignment. The 10 EMA is at $0.1666, the 21 EMA at $0.1486, and the 50 EMA trails at $0.1393. HAEDAL now trades over 55% above its 10 EMA and more than 53% above the 21 EMA. With this setup, trend continuation stays active unless volume collapses below $100M. Bulls remain in full control.
DeFi inflows and buybacks support price action
HAEDAL’s momentum isn’t just technical-it’s driven by capital rotation into Sui’s DeFi ecosystem and internal token economics. On July 7, Sui registered $184M in fresh stablecoin inflows, providing liquidity across the chain. HAEDAL directly benefits from that injection.
Source: TradingView
The protocol is also using 50% of its revenue for weekly buybacks. This creates a consistent demand loop and helps absorb selling pressure on the chart. With that system in place, the breakout has remained clean and uninterrupted.
HAEDAL’s breakout from $0.1161 to $0.2139 was an 84% move with no deep retrace. Volume on the USDT pair is still high at $29.08M, confirming strong two-way interest. The chart now targets $0.31093, and $0.2148 stands as the final hurdle.
HAEDAL continues to dominate the session. Structure is tight, volume is rising, and price action reflects an asset under heavy accumulation.
