#MarketPullback

SUI$SUIUSDT 4H Chart Analysis - May 5, 2025 🚀

🔍 SUI/USDT on Binance is showing a dynamic trend on the 4-hour chart, currently trading at $3.3772 (+2.76% in 24H). Let’s break it down!

💹 Price Action: SUI experienced a massive rally from mid-April, surging from around $2.0000 to a peak near $4.0000 by late April—a gain of nearly 100% in just over a week! However, a correction followed, with the price dropping to a 24H low of $3.1566 before recovering to $3.3772.

The latest green candle suggests buyers are stepping back in.

📉 Volume: The rally was backed by a significant volume spike, peaking around April 25, indicating strong buying interest. The correction saw reduced volume, which might suggest profit-taking rather than a full bearish reversal.

Current 24H volume is 57.24M SUI (187.70M USDT), reflecting decent trading activity.