SUI has surged by 28.87% in the past 24 hours, climbing from a low of $3.62 to a peak of 4.91, with a trading volume of 144M SUI and 622M USDT.
The current price is 4.75, testing the support and resistance area near its historical high, showing strong bullish momentum. A breakout above 4.91 could trigger further gains, targeting above 5.20, while 4.42 serves as a potential support level for a pullback.
Traders should closely monitor these key price levels and their corresponding trading volumes to capture market trends.
Given the high volatility, it is advisable to manage risk cautiously to ensure robust operations.
