$SUI The momentum is strong. Can it reach a new high this month?
SUI continued to rise by 13% today, with a trading volume of $810.014 million, and is heading towards the high of 1.6 in the past six months.
In the past 7 days, SUI has soared 54.36%, and in the past 30 days, it has soared 80.81%. In the long run, it has also brought 2 times returns to long-term investors this year.
At present, SUI has successfully broken through the resistance trend line of the ascending channel pattern, and its EMA 50/200-day indicator is about to record a golden cross, indicating that the market is optimistic about its prospects.
For those who have not entered the market yet, the current price will first observe whether it can break through the resistance level of $1.60. If it fails to break through, it can be adjusted back to 1.25. If it breaks through, it will see a break of the previous high of 2.18.
