The $SUI token is showing positive signs for today and the rest of the week. It is currently trading around $1.89 and could break above $2.00 if buying pressure continues. Key resistance levels are at $1.89 and $2.01, and a move higher could take the price to $2.46 by October 7, 2024. However, the $1.90 area is critical, as profit-taking at this level could lead to a temporary pullback towards $1.45 if momentum wanes.

It is also important to note that the market is currently in a fear state according to the Fear & Greed Index, suggesting a cautious sentiment, but potentially a buying opportunity for investors.

#SUI/USDT. #Binance #DeFi