Layer-1 (L1) coin SUI is another altcoin that is experiencing a strong upward trend today. The price of SUI has increased by 14% in the past 24 hours and is currently trading at $3.8.
The Chaikin Money Flow (CMF) indicator is rising, confirming the accumulation trend of SUI by investors in the spot market. At the time of writing, this momentum indicator – measuring the inflow and outflow of money into and out of an asset – is at 0.18, the highest since January 20.
This indicates multi-accumulation activity
