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SUI Maintains Strength Above $3.50 as Market Shows Recovery Signs Post-Cetus Hack
SUI Maintains Strength Above $3.50 as Market Shows Recovery Signs Post-Cetus Hack
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui (SUI) shows resilience, currently trading at $3.61 with a 0.69% increase after recovering from an 8% drop caused by the $223 million Cetus DEX exploit. The altcoin’s ability to hold the $3.50 support level aligns with rebounding network TVL and increased short liquidations in derivatives markets, indicating building bullish momentum.
Market structure reveals bulls retaining control as sui network metrics stabilize. This recovery follows Friday’s bearish engulfing candle, with derivatives data now showing early rebound signals alongside broader market strength.
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