SUI Price at a Crossroads: Bullish Continuation or Post-Unlock Correction?
Sui (SUI) has emerged as a standout performer, breaking through key resistance levels with significant momentum. The token now faces a critical test as a major unlock event approaches on May 1—an event that could either drive further gains or prompt profit-taking.
Technical indicators present a mixed outlook. While the RSI at 78 signals overbought conditions, the MACD suggests sustained bullish momentum. Traders are evaluating whether current levels NEAR $3.39 represent a consolidation phase or the precursor to a deeper pullback.