$SUI spikes to $4.20 before dipping — Layer 1 still flexing strength
$3.8907 (+0.78%) as bulls and bears battle it out after a volatile swing.
Snapshot:
24h High: $4.2000
24h Low: $3.6589
Volume (SUI): 177.07M
Volume (USDT): 699.34M
Tagged: Layer 1 | Vol
Performance Overview:
Today: +0.66%
30 Days: +79.31%
1 Year: +241.11%
Buyer strength still dominant (62.26% Buy)
Chart Takeaway:
$SUI touched a local top at $4.20, then pulled back to $3.6589
Quick rebound shows traders still defending the range
Lower high formation could mean consolidation or setup for a breakout retest
Why it matters:
$SUI is up over 240% in a year, showing long-term bullish strength. Despite intraday volatility, strong Layer 1 interest continues to support price action. Watch for a break above $4.20 to confirm continuation — or support hold near $3.85.