$SUI

Sui (SUI) is a cryptocurrency that has recently attracted significant attention in the digital asset market. Here's an overview of its current market performance:

As of January 8, 2025, SUI is trading at approximately $4.81, reflecting a 5.13% decrease from the previous close. The intraday trading range has seen a high of $5.16 and a low of $4.81. Over the past 24 hours, the trading volume was around $1.67 billion, indicating significant market activity.

On January 6, 2025, SUI reached a new all-time high of $5.35, marking a 20% increase over seven days. This surge was accompanied by a rise in open interest, which peaked at $1.47 billion, suggesting increased market liquidity and investor interest.

Technical analysis indicates that SUI has been trading within an ascending channel on the daily chart, suggesting a potential bullish continuation. Key support is identified at $4.2385, with resistance levels at $5.81 and $6.00. The Relative Strength Index (RSI) is at 45, indicating weakened bullish momentum, while the Awesome Oscillator (AO) shows diminishing positive momentum.