Sui Coin surges by 8.27%! The three-dollar mark is at risk, is the next stop a high of 3.85 dollars?
Surprise! In the past 24 hours, the price of Sui (SUI) has skyrocketed by 8.27%, reaching a peak of 3.20 dollars during trading, and finally closing at 3.19 dollars, with a market cap soaring to 10.84 billion dollars, an increase of 8.67%! Trading volume surged by 17.24%, reaching 1.12 billion dollars, igniting market enthusiasm instantly!
Strong technical support is at 2.90 dollars, with active buying showing signs of a rebound. Currently, the two major resistance levels of 3.40 dollars and 3.85 dollars remain unresolved. If a strong breakthrough occurs, Sui will confirm a short-term bull market, initiating a new round of crazy increases! However, if the current price level cannot be maintained, the risk of a pullback still exists, and support below 3 dollars, even at 2.75 dollars, is worth caution.
Indicators reveal a slightly cautious market: RSI on the daily is 43.03, although the money flow CMF is negative, the selling pressure is weakening, and no buying signals are seen on moving averages, indicating continued short-term pressure. The total circulating supply is 3.39 billion coins, with a fully diluted valuation of 31.9 billion dollars, low dilution risk, and capital gradually focusing.
This is a game of bullishness versus caution, with the explosive trading volume indicating a return of buying interest, and the psychological threshold of 3 dollars becoming a key battlefield. The sprint to the 3.40 dollar resistance may be the key for Sui's turnaround. Are you ready to follow this wave of rising momentum? The door to wealth is slowly opening!
