SUI Price Analysis: Token Bounces After Holding $3.75 Support Level
SUI cryptocurrency has shown impressive resilience amid market volatility, bouncing from a low of $3.756 to a peak of $3.8406 in 24 hours, marking a 0.77% gain. It established a trading range of 4.46% between $3.70 and $3.86, while a strong volume support set in at the $3.755 level. Amidst news of Dogecoin ETF filings and Sui Network's integration with BitVM bridge, SUI's consolidation above the $3.775 support level indicates bullish sentiment. Significant buyer interest emerged, helping the asset form a strong support zone around $3.756-$3.760, with the price experiencing a notable bullish momentum surge of 1.9% driven by above-average trading volume. By the end of the trading session, resistance was noted at $3.850, suggesting potential for further upward movement in the coming hours as volatility appeared to decrease, reflecting ongoing consolidation in the market.
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