$SUI Price Prediction: Higher Highs - BeinCrypto Analytics

Sui’s trading volume surged to $2 billion on November 6, marking its highest level since the token's launch in May 2023, according to Santiment. This spike in volume, a key indicator of investor interest, led Sui to reach a new all-time high of $2.36. Over the past seven days, SUI has seen a 14% price increase, and the rising volume suggests the price could continue upward.

On the technical front, Sui has broken above its 20-day and 50-day Exponential Moving Averages (EMAs), a bullish signal that indicates the uptrend could extend. If the momentum holds, Sui may break past $2.39 and potentially aim for $3. However, profit-taking by investors could lead to a retracement, pushing the price down to $1.93. Traders should monitor these key levels closely.