$SUI performed exceptionally well, almost recovering all the daily losses and rising against the trend. Despite the recent pressure of token unlocking, it did not stop its rise.
Although it cannot be said that SUI is completely independent of the market, its rapid rebound is astonishing. Technically, SUI has firmly stood at the price of 1.95, pointing directly to the target of 2.1.
This view has a high market consensus and points the way for investors. If the market makers adopt a wash strategy in the short term, such as a fake fall, then around 1.6 will be an excellent buying opportunity.
Token unlocking will inevitably cause waves, and friends who pay attention to SUI need to keep up with official developments. In addition, Grayscale Capital has invested heavily in SUI, which not only helps it rise, but also stirs up the overall rhythm of the market.