SUI Bulls Charge Toward $4.44 Target as Momentum Builds

Sui (SUI) has bounced back strongly from its 50-day EMA support at $3.55, currently trading between $3.77 and $3.82 as bullish momentum targets a 16% surge toward $4.44. The token demonstrated impressive resilience with a 4.76% recovery following a 7.83% pullback, while on-chain data shows accelerating DEX volumes hitting $561.63 million this week—marking September's highest trading activity.

Technical strength aligns with fundamental demand as funding rates turn positive and liquidity deepens across exchanges. Traders are closely watching the $3.80 level as a critical pivot point; maintaining this support zone could confirm the upward trajectory. Sui's growing ecosystem activity indicates strengthening trader conviction, standing in contrast to the broader market's stagnation.