$SUI Price Prediction: Eyes on the Price - BeinCrypto Analytics
SUI has experienced a notable 8% price increase over the past 24 hours, bringing it to $1.90. The next key resistance level lies at $2.18, just 15% away from its current price. With the ongoing bullish momentum, SUI seems well-positioned to reach this target in the near future, extending its impressive 151% rally since September.
Market sentiment suggests that many investors may hold off on taking profits, aiming for a potential new all-time high (ATH). This could drive the price further upwards. However, if selling pressure increases before breaking $2.18, the rally may lose steam. Key support at $1.70 remains vital; a breakdown below this level could shift sentiment and push SUI down to $1.45, postponing anticipated gains.