🚀 $SUI continue to "get in the mood"!
In Thursday's session, SUI surpassed 3.80 USD after a strong bounce from the 50-day EMA (3.55 USD). Liquidity on DEX hit a record high, and the funding rate remains "heavily tilted towards the bulls," indicating that the cash flow into SUI is becoming more robust.
Technical indicators also support the bullish trend: RSI climbed to 59, MACD maintains a bullish signal since 7/9. If this momentum is sustained, the next target could be 4.44 USD – equivalent to a jump of ~16%. Conversely, the 50-day EMA still serves as a "shield" for adverse scenarios.
👉 Overall, SUI has a chance to break out, but remember: the crypto market can sometimes "spin like a top." 😅
This article is for informational purposes only and is not investment advice!
#SuiToken #CryptoRally #AltcoinSeason #DeFiMomentum #BullishVibes