đ SUI Surges 17% After Grayscaleâs Decision! Is 1.10$ Next?
$SUI has surged by 17% today and 25% this week following Grayscaleâs decision to open a Sui Trust for accredited investors, boosting market confidence and driving trading volumes.
Technical indicators are bullish:
đRSI: Moved from 46 to 66 - growing buying interest without overbought conditions.
đMACD: Positive momentum continues, with the MACD line above the signal line.
đVolume: Up 85% in the last 3 days, signaling strong market activity.
While the bullish momentum is evident, Suiâs trajectory remains subject to market shifts. A breach past $1.10 could fuel further gains, but a dip below $0.90 might trigger consolidation.