$SUI SUI/USDT is trading at $4.6746, marking a significant gain of 9.00% in the last session. The recent price breakout above $4.5 suggests a bullish sentiment with strong momentum.
The Bollinger Bands' widening indicates increased volatility, and the price movement near the upper band signals bullish strength. Additionally, the trading volume has surged, supporting the uptrend. The chart reflects a recovery from the recent low of $3.4920, with buyers driving the price higher.
While the bullish trend looks promising, it's essential to exercise caution. Setting a stop-loss around $4.10 can help mitigate risk, and monitoring market conditions will provide clarity for sustaining this upward trajectory.