SUI Approaches Critical $4.50 Resistance as Bullish Momentum Builds
SUI has jumped 15.11% in the past 24 hours to $3.95, pushing its weekly gain to 35.96%. Trading volume skyrocketed to $13.66 billion, signaling strong market interest.
Technical indicators show bullish momentum: the RSI at 72.80 indicates heavy buying pressure, while a symmetrical triangle pattern suggests an imminent breakout. Analysts see potential targets of $6-$10 if sui surpasses the $4.50 resistance.
Institutional support from VanEck and Lion Group strengthens SUI's fundamentals. With $906 million in daily volume and an $11.9 billion market cap, SUI demonstrates solid liquidity and investor confidence.