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SUI Gains Momentum: Can It Break Through the Crucial $4.31 Resistance?

  • SUI token is gaining momentum in the crypto market, aiming to break through the crucial $4.31 resistance zone.
  • After rebounding from $2.71, SUI is now approaching key resistance levels, with $2.85 identified as the initial barrier to overcome.
  • Technical indicators point towards a potential bullish reversal if there is a daily close above $2.85.
  • Falling selling volume and strong demand support indicate increasing momentum for a breakout rally.
  • SUI is currently trading at $2.84, with a market capitalization of $9.65B, up by 1.97% in the last 24 hours.
  • A prominent analyst notes that SUI's rebound from key support levels signals potential bullish momentum.
  • The $3.83 mark is seen as the next significant goal for SUI, with $4.31 as a crucial resistance level for a possible trend change.

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