$SUI /USDT: Momentum Builds as $5.5 Target Draws Closer
Currently trading at $4.7413, SUI/USDT has gained a strong 3.42% in the past 24 hours. The token reached a weekly high of $4.8564, fueled by robust bullish momentum following a rebound from its low of $4.5314. With trading volumes hitting 80.87M SUI and substantial liquidity, the outlook remains positive for further growth.
If SUI breaks above the $4.8564 resistance, it could set its sights on the next targets at $5.00 and $5.15, signaling a continuation of the upward trend.
However, if the price encounters resistance, a pullback to test the solid support near $4.50 is possible. A breach of this level might lead to further consolidation. Despite this, strong market sentiment keeps SUI in the spotlight as an appealing option for traders navigating an active and dynamic market.