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Sui (SUI) Price Prediction: Will SUI Break Above $4.20 or Slip Below $3.50 as Bears Linger?

  • SUI price is currently at around $3.84, showing a slight increase over the past 24 hours with bullish signals conflicting with an underlying bearish structure.
  • Technical indicators present a mixed picture for SUI, with the potential for a pullback as the TD Sequential indicator signals a sell on the 3-day chart.
  • The debate over SUI's price prediction centers around a potential surge towards $4.20, with both bullish and bearish scenarios being discussed among traders.
  • Key support levels for SUI are at $3.50 and $3.40, with potential for a renewed bullish phase if support above $3.75 is maintained. On-chain data and stablecoin growth are contributing to cautious optimism in the Sui DeFi ecosystem.

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