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SUI Price Analysis: Can the Token Sustain Its Rally to $4?

SUI Price Analysis: Can the Token Sustain Its Rally to $4?

Author:

Global Cryptocurrency

Published:

2025-11-12 13:13:07

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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN] SUI News -

Sui has broken out of a weeks-long consolidation phase with a steady rebound around the $2 level, drawing attention from traders eyeing a potential trend reversal. Currently trading NEAR $2.16, the token demonstrates resilience despite broader market volatility, buoyed by increasing trading volume and technical indicators pointing to further upside. The Relative Strength Index (RSI) at 44 suggests room for growth before reaching overbought territory.

Technical analysis shows sui consolidating within a descending channel since mid-2024, with strong support near $2. A recent bounce off the lower trendline signals a potential bullish reversal, echoing patterns from early 2025 that led to 50% weekly gains. Growing institutional interest and positive market sentiment position Sui as a standout performer in the altcoin space.

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