SUI Surges Past $4.20 Resistance, Targets $4.50 Next
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI has broken through the $4.20 resistance level, currently trading at $4.07 with a market cap of $14.07 billion. The rally is backed by a 52.76% surge in trading volume to $2.88 billion, signaling strong bullish momentum.
Technicals show sui trading above key EMAs (EMA16: $4.049, EMA64: $3.981, EMA256: $3.586), confirming upward strength. Next targets are $4.50-$4.60, though overbought RSI hints at possible short-term consolidation.
Social media activity has fueled the move, with SUI becoming the most-discussed crypto recently. The token's unlock cap aligns with its market cap, suggesting healthy supply-demand balance.
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