$SUI

The SUI token stands out this month as one of the most attention-grabbing cryptocurrencies in the market, after its rise of 44% driven by reaching a record in total value locked (TVL) exceeding $2.2 billion. Technical analyses show that the price has maintained stability above its moving averages, with strong support remaining at the $3.75 level, while the current resistance forms a critical barrier between $4.10 and $4.30; if breached, it could open the way towards levels of $5 to $5.36. Some indicators, such as RSI, show signs of overbought conditions, which could lead to a temporary correction, yet the overall trend remains bullish. Analytical platforms like CoinCodex and CoinTelegraph agree that SUI has the potential for additional gains in the coming weeks, especially if positive market conditions persist and are supported by further developments within the Sui ecosystem. The focus on decentralized projects and institutional interest in expanding the use of its blockchain enhances investor confidence. In this context, monitoring the $4.30 level remains crucial, as it serves as a gateway to potential new peaks.