The Sui cryptocurrency market is facing a critical decision point, as the SUI token is trading within a narrow range between $3.70 and $3.88. Despite the recent price stability, investors remain divided on the future direction of SUI.
According to the latest data, the price of SUI is approximately $3.88, an increase of 1.38% over the past 24 hours. This slight rise follows the token finding strong support near the $3.75 level.
This recent price increase comes after a volatile week, where SUI showed stability above the $3.775 level. Market data indicates significant cumulative activity at $3.755, with trading volume surpassing the 24-hour average by 45%.