🚨 **Is $SUI ’s Bullish Momentum Sustainable?** 🚨
After peaking at $2.36 earlier in October, SUI has seen fluctuating interest, with current prices hovering around **$1.90 - $1.92**. 📉 As SUI trades 18% below its peak, many are wondering if this recent downtrend marks the start of a larger correction—or just a brief cooldown before another rally.
With a 24-hour trading volume still solid at over **$600 million**, market activity remains high. Indicators show a mixed picture: while most signal long-term support, RSI and momentum indicators reflect caution as prices approach key support at **$1.85**.
SUI's ecosystem has been expanding, driving new utility, yet the Fear & Greed Index remains high, hinting at potential overvaluation. For investors looking to ride the trend, it’s essential to watch resistance levels near **$2.22** and **$2.38** in the coming days.
What’s your take? Will SUI's momentum hold, or is a deeper pullback ahead? Let’s discuss! 🔥
