($SUI ), here's the updated short-term target and trend analysis:
Short-term Target:
Support Level: Around $4.00, acting as a strong foundation if price retraces.
Resistance Level: The next key resistance is at $5.00, with potential to test $5.50 in case of sustained bullish momentum.
Trend:
Bullish: The current trend shows growing interest in Layer 1 blockchain platforms, particularly for those emphasizing scalability and low latency like Sui. Breaking above $5.00 could signal stronger upward momentum.