$SUI Current Price: Around $3.76–$4.22
Recent Trend: Strong bullish momentum, breaking key resistance at ~$3.85
Volume: High trading volume (~$2B in 24h) indicates strong demand
Technical Indicators:
RSI near overbought (~67-71)
MACD positive crossover
Bullish engulfing pattern
Support Levels: $2.20 to $3.20
Resistance Levels: $4.65 and $5.90
Fundamentals:
High scalability and innovative Move language
Growing DeFi ecosystem with $1.8B+ TVL
Institutional interest (e.g., Grayscale Sui Trust)
Price Forecast 2025:
$8–$10 by mid-year
$18–$20 by year-end (if bullish trend continues)
Risks:
Token unlock events causing selling pressure
Competition from other Layer 1 blockchains
Summary: Strong growth potential but watch for short-term corrections.
