$SUI is back ๐ฅ ๐ฅ performing incredible
SUI Token Snapshot
๐ฐ Price: $2.25
๐ 24H Change: +5.14%
๐ Market Cap: $7.34B
๐ 24H Volume: $45.7M
๐ Recent Developments:
๐ข 500M+ Transactions: SUI has surpassed 500 million transactions, showcasing robust network activity.
๐ ETF Filing: Canary Capital has filed for an SUI ETF, potentially attracting $100M in institutional inflows.
๐ Trading Volume Surge: SUI/USDT trading volume increased from $23.1M to $45.7M in 24 hours, indicating heightened market interest.
๐ฎ Forecast Highlights:
๐ฏ Short-Term Target (24โ48H):
Expected move to $2.35โ$2.40 if bullish momentum holds.
Watch for a breakout above the $2.21 key resistance.
๐ Risk Zone:
Failure to hold $2.16 support could pull back to $2.00โ$2.05 range.
๐ Catalysts to Watch:
ETF buzz from Canary Capital
Strong network performance (500M+ tons)
๐ Momentum Indicators:
Bullish engulfing candle on the 4H chart
RSI hovering near 60 โ slight bullish bias
MACD crossover forming โ early breakout signs
๐ฅ Verdict:
SUI is on the edge of a breakout โ keep your eyes on $2.21. If bulls push above, we may see a quick leg up to $2.40+.
Is SUI poised to outperform in 2025?
