$SUI

SUI/USDT is currently trading at $3.75, with an 8.58% increase in the last 24 hours. Here's a breakdown of the signal update:

*Technical Analysis:*

- *Trend:* Strong buy signal, with 16 buy indicators and 1 sell indicator. Moving averages are also indicating a strong buy, with 13 buy indicators and 0 sell indicators.

- *Oscillators:* Neutral sentiment, with 3 buy indicators, 1 sell indicator, and 6 neutral indicators. RSI (14) is at 54.31, indicating a neutral position.

- *Support and Resistance Levels:* Key support levels are at $3.33, $3.46, and $3.54, while resistance levels are at $3.80, $3.88, and $4.01.

*Price Prediction:*

- Potential targets: $4.00, $4.23, and $6.00

- Expected to hit $10.00 in the long term, based on Elliott wave count

*Market Sentiment:*

- Bullish sentiment is building, with analysts predicting a potential surge

- SUI has broken out of the descending channel and is holding above the strong demand zone around $3.35-$3.40¹ ²

*Key Data Points:*

- *Market Cap:* $12.27 billion

- *24-hour Trading Volume:* $1.704 billion

- *Circulating Supply:* 3.51 billion SUI coins

- *Max Supply:* 10 billion SUI coins³ ⁴