$SUI

[SUI/USDT Technical Analysis – Layer 1 Token Showing Strength]

Current Price: $3.6172

24h Change: +7.13%

Category: Layer 1

24h Volume: 84.49M SUI / 288.01M USDT

24h High/Low: $3.6500 / $3.2333

SUI is gaining momentum with over 7% intraday growth, reflecting strong bullish sentiment in the Layer 1 space. The price is approaching the recent high of $3.65 with heavy volume, indicating potential for a breakout continuation.

Key Support Levels:

$3.50 – Minor support (previous resistance)

$3.23 – Daily low and major demand zone

3 Bullish Targets:

🎯 Target 1: $3.98 – Next resistance based on order book depth

🎯 Target 2: $4.25 – Round number and breakout extension

🎯 Target 3: $5.00 – Major psychological level and key fib projection

Technical Outlook:

RSI: Strong, but not overbought – signals room to rise

MACD: Momentum turning bullish

Volume: Significant spike – confirms strong interest

Conclusion: SUI is pushing higher with powerful volume backing the move. Holding above $3.60 could trigger a run toward $3.98 and beyond. Momentum traders should watch for confirmation and volume surges near resistance.

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