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SUI’s Bullish Momentum Targets $3.74 Resistance as Market Confidence Grows
SUI’s Bullish Momentum Targets $3.74 Resistance as Market Confidence Grows
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI has surged 4.34% in the past 24 hours, reaching $3.02, with its market cap climbing to $10.4 billion. The breakout from an ascending triangle pattern on the 4-hour chart sets a bullish target of $3.74, while a cup and handle formation suggests potential gains up to $6.
Open interest rose 16% to $1.39 billion, and total value locked (TVL) increased to $1.842 billion, signaling strong investor confidence. SUI is emerging as a top-performing altcoin, outperforming Bitcoin and Ethereum.
Technical indicators, including rising volume, support the bullish outlook. Analysts highlight historical resistance zones as key targets, with the current rally reflecting robust upward momentum.
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