🚨 SUI's Journey to $4 – Is It Possible? 🚨

$SUI has been on an incredible run, gaining 80% in the last month! This growth is backed by increasing on-chain activity, a surge in active wallets, and community-driven developments like the NS token, which are positioning Sui for a more decentralized future.

From a technical perspective, SUI’s momentum is evident. The RSI at 80 points to strong demand but suggests the asset is in overbought territory, potentially signaling a cooldown. The market’s current level of extreme greed (Fear & Greed Index: 90) supports this outlook.

On the other hand, both simple and exponential moving averages show an ongoing bullish trend. Bollinger Bands also highlight room for upward movement.

The excitement around SUI is undeniable, but will it break past $4 in the coming days? Let us know your thoughts!