The chart shows the SUI/USDT pair on a 1-hour timeframe. The price is currently at 2.7104, up 23.59%. There’s a strong upward trend after a dip to 1.7174, with the price breaking past the 2.6981 resistance (AVL). The MACD indicates bullish momentum (0.0712), though the histogram (DIF: 0.0211) shows slightly waning momentum. Moving averages (MA5: 44,384,952.3; MA10: 49,310,974.4) are trending upward, supporting the bullish outlook.
Given the recent surge and news of Solana surpassing Ethereum in staking, which may be driving related altcoin momentum, SUI could test the next resistance around 2.8309. If momentum continues, a short-term target of 2.85–2.90 seems plausible within the next few hours to a day. However, if momentum fades, it might pull back to the 2.6416 support level.
Prediction: Short-term price target of 2.85–2.90, with a potential pullback to 2.6416 if momentum slows.
