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SUI at Critical Juncture: Can It Surge Past $4.60 or Face Deeper Correction?
SUI at Critical Juncture: Can It Surge Past $4.60 or Face Deeper Correction?
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is trading at $3.39, reflecting an 11.05% weekly drop. The cryptocurrency's near-term direction depends on breaking the $4.60 resistance level, a key marker for bullish momentum. If unsuccessful, further declines may follow.
Market outlook is split: some predict a rally above $5.60 upon breaking resistance, while others caution of a fall to $2.40. Trading volume has shrunk 8.74% to $1.12 billion, signaling investor hesitation.
Long-term forecasts diverge significantly. DigitalCoinPrice projects a 2025 peak around $7.46, potentially setting a new ATH. This wide range highlights SUI's volatile market stance.
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