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SUI Price Outlook: Recovery Momentum and ETF Buzz Spark Bullish Potential
SUI Price Outlook: Recovery Momentum and ETF Buzz Spark Bullish Potential
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI traded at $3.4836 on Friday, underperforming the broader crypto market amid geopolitical tensions and fallout from Cetus Protocol’s $223 million exploit. However, sentiment is shifting as the decentralized exchange’s recovery plan—approved by 90% of validators—gains traction alongside growing ETF interest.
While Bitcoin maintains key resistance levels, SUI’s technical indicators suggest accumulating bullish momentum. The recent 21Shares ETF filing adds institutional credibility, mirroring the market-moving inflows seen during Bitcoin ETF approvals. The token’s ability to reclaim $3.50 will test whether fundamentals can overcome short-term technical weakness.
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