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SUI Eyes Breakout as Bulls Target Key $4.31 Resistance Level
SUI Eyes Breakout as Bulls Target Key $4.31 Resistance Level
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is gaining momentum amid a broader crypto market shift from bearish to bullish sentiment. The token recently rebounded from $2.71 and is now approaching the critical $4.31 resistance zone, a level that has historically capped gains.
Technical indicators point to $2.85 as the first key resistance level. A daily close above this mark could signal a strong bullish reversal. Declining selling volume paired with robust demand zone support suggests growing momentum for a potential breakout.
Currently, sui is trading at $2.84 with a 24-hour trading volume of $668 million and a market cap of $9.65 billion. The token has risen 1.97% in the past 24 hours, showing significant potential for the next major rally despite recent volatility.
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