SUI Eyes $3.90 Breakout Amid Surging Bullish Momentum
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is gaining momentum with over 91% bullish sentiment, defying recent price dips. The token trades at $3.55, backed by $2.38 billion in 24-hour volume and an $8.27 billion market cap. Analysts see a breakout above $3.90 as confirmation of a new bullish phase.
Community support remains robust, with sui ranking among CoinMarketCap's Top 10 Bullish Sentiment lists. Even during a 7% decline, 91.3% of voters maintained optimism—a sign traders view pullbacks as buying opportunities.
Derivatives data paints a nuanced picture: rising trading volume contrasts with declining open interest, suggesting cautious positioning. The market appears to be waiting for a decisive MOVE before committing further capital.
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