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SUI Price Rally Defies Overbought Signals as Bullish Momentum Builds
SUI Price Rally Defies Overbought Signals as Bullish Momentum Builds
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI’s price continues to surge despite its Relative Strength Index (RSI) showing overbought conditions—typically a precursor to pullbacks. The asset maintains a strong bullish structure, marked by consistent higher highs and higher lows, reinforcing upward momentum.
Analyst GemXBT highlights the chart’s resilience, pointing to robust demand and ecosystem growth as key drivers. market participants are now evaluating whether fundamental strength can outweigh technical exhaustion or if a correction is imminent.
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