SUI Token Sees High Volatility as Trading Volume Surges
SUI's price exhibited significant volatility, fluctuating between $2.71 and $2.92 within a 24-hour period, representing a 7.3% trading range. Trading volume ROSE 11% above the 30-day average, intensifying price swings as bulls and bears battled for control.
Initial support NEAR $2.72-$2.75 held firm despite repeated tests, while resistance at $2.82 limited upward momentum. A brief rally to $2.824 on 1.4M volume was quickly rejected, reinforcing the resistance level. The failed breakout leaves traders watching for clearer market direction as consolidation continues.