$SUI
SUI has strongly rallied YTD and remains a high-volume player in the Layer‑1 space.
After a brief correction from its ~$4+ high, key support levels at ~$3.75–$3.90 are holding.
Technical setups suggest a run toward $4.25–$5 might play out if momentum continues—but both volatility and broader market direction matter.
🧭 Should You Trade It Today?
Day traders: Watch the ~$3.75–$3.90 support band. A bounce could present short-term scalping chances aiming for $4–$4.25 resistance.
Medium-term traders: Look for a breakout above $4.25, then targets ahead near $5—or plan exits if $3.75 breaks decisively.
Long-term holders: If you believe in SUI’s foundational tech (Move language, object-model, DeFi ecosystem), consider using dips to average in—though expect sharp swings.