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SUI Price at Critical Juncture: Can It Hold $3.40 Support Amid Market Volatility?
SUI Price at Critical Juncture: Can It Hold $3.40 Support Amid Market Volatility?
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI, the native token of the Sui blockchain, is currently trading at $3.54, showing a slight 1.33% daily decrease. However, trading volume has increased by 7.20% to $921.12 million, indicating continued market interest. The token has experienced an 8.28% weekly decline, in line with the broader cryptocurrency market’s volatility.
Technical analysis shows an ascending channel pattern, but weakening momentum suggests caution. Long-term price projections for 2025 vary significantly, with forecasts ranging from $2.79 to $7.78. Maintaining support above the $3.40 level could be crucial for determining SUI’s future price trajectory.
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