SUI witnessed a remarkable growth, escalating by 30.48% to surpass the 5 USD Threshold. After shattering the 4.20-4.30 USD resistance, this range has transitioned into strong support. This surge bolstered the market cap to over 15.6 billion USD, alongside a trading volume leap of 179.53% to 2.28 billion USD in the past day.
Despite an overbought RSI signaling a potential short-term cooldown, if the 4.2-4.4 USD demand zone remains intact, SUI might target 6 USD next. Should the bullish momentum persist, the 8 USD mark is not out of reach. Continued robust performance could materialize these projections.