$SUI

/USDT Market Update - 8 August 2025

Current Price: $3.8184 | 24h Performance: +3.34% | Trading Volume (USDT): $276.06M

The SUI token is currently trading at $3.8184, demonstrating a strong upward movement of +3.34% over the last 24 hours. This solid gain positions it as a top performer in the Layer 1 crypto space today. The price has been fluctuating between a low of $3.4957 and a high of $3.8277, supported by a significant buying volume of over 74.5 million SUI tokens, which highlights robust market interest.

A short-term bullish trend appears to be developing, with momentum building toward the $3.85 resistance level. Traders should keep an eye on a potential break above this key level, which could spark a quick advance toward the $4.00 mark. This potential rally is backed by high demand and strong technical indicators.

From a technical analysis standpoint, SUI has established a key support zone between $3.66 and $3.75, making it an attractive entry point for buyers on a price pullback. As long as the price holds above $3.66, the positive outlook is likely to persist. A confirmed breakout above $3.85 would signal a fresh wave of upward momentum, creating a favorable trading opportunity.