SUI bulls hold on as $5 comes into view – Can it happen?
Main Idea
SUI is approaching the $5 mark amid a bullish trend, with potential for further price increases due to oversold RSI and liquidation zones around $4.4–$4.6.
Key Points
1. SUI is nearing $5 after a steady month-long rally, with RSI indicating an oversold zone.
2. Liquidation clusters around $4.4–$4.6 could trigger a short squeeze, driving prices higher.
3. SUI has been outperforming other altcoins, with momentum suggesting the bullish trend may continue.
4. The Long/Short Ratio stands at 51%, reinforcing bullish sentiment around the $4.4 price level.
5. Technical indicators suggest SUI is poised for a potential run toward a new all-time high.
Description
SUI eyes $5 as bullish trend holds strong, $4.4 liquidation zones could trigger the next breakout.
$SUI
$4.0734
-3.71%
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