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SUI Approaches $5 Milestone Amid Surging Bullish Sentiment
SUI Approaches $5 Milestone Amid Surging Bullish Sentiment
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui (SUI) continues its stealth rally, outperforming major altcoins with a sustained upward trajectory toward the $5 psychological barrier. The token's daily chart shows decisive momentum after absorbing liquidity NEAR the $4.20 supply zone, while its RSI hovering in oversold territory signals potential for accelerated gains.
Derivatives markets reflect this optimism—long positions dominate at 51% of activity, with clustered liquidations between $4.40-$4.60 creating a powder keg for a short squeeze. A breakout above this zone could trigger cascading buybacks, propelling SUI toward its next resistance level with the velocity characteristic of Leveraged market moves.
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