SUI Token Surges 35% in a Week, Nears $5 Milestone
The sui token has emerged as the top daily gainer, surging 11% to reach $3.88 and pushing its market capitalization to $13.27 billion. This week's 35% rally breaches key resistance levels, with the altcoin now testing the $4 psychological barrier.
Technical indicators show the Stochastic RSI DEEP in overbought territory at 93.09, signaling potential short-term consolidation. Market momentum suggests the $4.50-$5 range could come into play if bullish sentiment persists, though traders remain cautious about potential pullbacks.