SUI Skyrockets 18% Amid Network Growth and Bullish Technicals
Sui (SUI) has surged 18% in the past 24 hours, reaching $3.57 as part of a broader uptrend that started on April 21. The token has gained an impressive 67% since breaking out of a bullish double-bottom pattern at $2.80, with momentum indicators like MACD and RSI confirming the strong upward trajectory.
The Sui Network’s total value locked (TVL) jumped 8% in just one day, further boosting investor confidence. SUI is now trading above all key moving averages, including the 20 EMA, 50 SMA, 100 SMA, and 200 SMA, demonstrating robust technical strength and market momentum.