$SUI
🚨 SUI Jumps 15% This Week, but Long-Term Value Remains in Question 🚨
The Sui (SUI) price rally has seen the token rise more than 15 percent this week, pushing it to around $1.22 after recovering from a low of $1.05. Improved altcoin sentiment and increased total value locked, now over $700 million, have helped SUI regain momentum.
Technical indicators suggest growing strength, with resistance near $1.30 as the next target. However, comparisons to Aptos have raised questions. Some analysts point to Aptos as a stronger long-term pick, thanks to higher developer activity and a more established ecosystem.
SUI still has to prove its staying power. While the rally looks promising, investors may want to weigh the short-term chart patterns against the long-term fundamentals before making a decision.