#SUI Analysis
SUI's weekly price action remains bullish yet highly volatile, with the token currently in the overbought zone.
The cryptocurrency is on pace to close its monthly candle with a 21% gain, marking a strong upward trend. $SUI has also achieved a new all-time high in monthly DEX trading volume, continuing its streak of setting new highs for seven consecutive months.
Market sentiment appears optimistic, as 77% of traders with open SUI futures on dYdX are betting on further price increases.
