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SUI Token Surges 36% Weekly as Bullish Momentum Targets $10
SUI Token Surges 36% Weekly as Bullish Momentum Targets $10
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI, the native token of the Sui Network, has surged 36.81% over the past week, currently trading NEAR $3.99 with a market cap of $13.81 billion. The rally persists despite a 9.43% drop in 24-hour trading volume, highlighting strong sustained demand.
Technical analysis indicates a bullish breakout, with SUI consolidating above $4.00 after overcoming key resistance levels at $3.20 and $3.50. Institutional accumulation and the project's ties to the MOVE programming language are driving momentum.
This performance aligns with broader market trends favoring projects with solid technical foundations and active developer ecosystems. Sui's scalable architecture continues to attract blockchain entrepreneurs and long-term investors.
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