Technical analysis and projection of SUI.
On May 11, 2025, SUI continues its upward trajectory, trading at $4.01.
The token has shown a notable recovery from its recent low of $2.01, supported by an increase in user activity and strategic partnerships.
Technical analysis indicates that SUI has surpassed its 200-day moving average, suggesting a positive long-term trend.
Additionally, the RSI remains at neutral levels, which could allow for greater upward momentum.
With short-term targets at $5.81 and $6.81, SUI positions itself as an attractive option for investors.
However, it is crucial to consider market volatility and establish appropriate risk management strategies.