SUI token has surged past critical exponential moving averages on a strong bull run, confirming bullish momentum with high trading volume.
The price of SUI is currently around $3.44, maintaining a bullish trend as buyers dominate and key support levels are established.
Momentum indicators like Stochastic RSI and MACD show continued strength, suggesting SUI remains in a strong uptrend with a potential target near $4.27.
Grayscale's endorsement, citing SUI's competitive advantage and strong ecosystem growth, along with increased DeFi activity, indicate a bright outlook for SUI.