$SUI
Sui ($SUI) is currently trading around $3.78 USD, after falling approximately ‑2.6% in the last 24 hours and moving between $3.69 and $3.91 USD. Technically, $SUI is bouncing off its support at $3.70, while the immediate resistance is near $4.00 USD. The trading volume remains high (over $1.6 billion in 24 hours), indicating active interest from both holders and traders.
Fundamentally, Sui stands out for its parallel execution architecture on the Move blockchain, allowing for sub-second finality and efficiency. Its ecosystem already has over 100 dApps, and the total DEX volume exceeded $90 billion USD, with a weekly growth of 11%. This combination of fast technology and strong on-chain activity suggests that Sui is in a favorable position for the fourth quarter market.
Personally, I am accumulating between $3.70 and $3.80, with a stop just below the support and a target at $4.20‑4.50 USD, expecting that a possible rally will boost upward momentum.
