SUI recorded a trading volume of 615 million USD, placing it ahead of Avalanche as the sixth-largest blockchain. Even with a 4% rise in price, SUI is still down 29% for the month, indicating ongoing bearish sentiment.
To reclaim upward momentum, SUI needs to break through the key resistance at 3.94 USD, targeting 4.25 USD. However, failure to maintain support at 3.35 USD may push the price down to 2.97 USD or lower.