๐ SUI Price Gains 30% in 24 Hours, Can It Hit $8 Next?
๐ SUI is on fire, skyrocketing by 30.48% in just one day and breaking past the $5 mark for the first time! The crypto community is buzzing with speculationโcould we see SUI reach $8 soon? ๐ฅ
๐ Breaking Resistance Zones
SUI smashed through the $4.20โ$4.30 resistance, flipping it into strong support. This breakout aligns with an ascending trendline and is backed by solid buying momentum.
Key stats:
๐ฐ Market Cap: $15.6B
๐ 24-Hr Trading Volume: Up 179.53% to $2.28B
๐ 200-Day EMA: SUI is holding strong above $4.1679, signaling a bullish trend.
๐ Indicators to Watch
RSI: At 77, indicating overbought levelsโshort-term cooling off may occur.
MACD: Still signaling strong upward momentum.
๐ Whatโs Next for SUI?
SUIโs recent breakout stems from resilience, recovering from a low of $0.70 in mid-2024 and breaking out of a descending channel earlier this year.
Short-term outlook:
A potential retest of the $4.20โ$4.40 demand zone could be on the cards.
If this support holds, the next target is $6 and possibly $8 if momentum sustains. ๐
#SUI๐ฅ #2025bullrun #Predictions
โก Will SUI continue its explosive rally? Stay tuned!
**โ ๏ธ Disclaimer:**
This is for informational purposes only and not financial advice ๐ก. Crypto is risky ๐ฅ; do your own research ๐ and consult a professional ๐ผ before investing. The author is not liable for any losses ๐ซ.