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Sui Price Forecast: Extends rally with bullish indicators targeting $2.34
Sui (SUI) price trades above $1.95 near a two-month high at the time of writing on Tuesday, extending its rally after printing six consecutive green candlesticks. Positive on-chain and derivatives data further support the bullish momentum, while technical analysis suggests further gains, targeting the immediate resistance at $2.34. Santiment data indicates that the Sui ecosystem’s trading volume (the aggregate trading volume generated by all exchange applications on the chain) reached $967.43 million on Tuesday, the highest since early December, and has been steadily rising since then. This volume rise indicates a ... (full story)
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