$SUI is demonstrating a solid 5.37% gain, now trading at $3.5485. The price reached a 24-hour high of $3.6554 before retracing slightly, but it remains supported by the 25-day moving average at $3.4859, indicating ongoing bullish momentum.

Volume is showing strength, with over 84.2 million SUI traded in the last 24 hours. The token’s ability to maintain above key support levels such as $3.48 suggests accumulation at these levels. Buyers are targeting a breakout above $3.65 to confirm the next leg up, with the psychological level of $3.75 as the immediate upside target.

On the downside, watch for support around $3.34, which aligns with the lower Bollinger Band and could serve as a consolidation zone before the next move higher. Keep an eye on trading volume for confirmation of breakout strength. SUI’s performance reflects growing confidence in Layer 1 and Layer 2 blockchain projects.

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