$SUI
saw a 66% spike in trading volume, reaching $2.1B, alongside a 12.5% daily price jump.
💥Weekly chart shows bullish potential, but daily structure remains shaky below $3.12.💥
Watch $2.08 and $1.71 for support; a flip of $3 to support could confirm the next leg up.
$SUI just made some serious noise. Its daily trading volume shot up by a solid 66%, landing at a whopping $2.1 billion. That’s not just pocket change. With a 12.55% gain in the last 24 hours, traders are definitely taking notice. But is this a real turnaround or just a flash in the pan?
💥Toward the end of 2024, $SUI had a pretty decent rally, so analysts slapped on some Fibonacci retracement levels to get a clearer picture. One of those—the 78.6% level—sat right at $2.43, and on June 22, the price bounced right off it. Kinda textbook. Add Bitcoin’s bounce from $101k to $106k earlier this week, and suddenly it looks like SUI might be catching a second wind.💥