The SUI token reaches a historical high of 31,984,636,178: The bull market is set to rebound to $6!
After Bitcoin broke through the $99,000 mark, the entire cryptocurrency market has become optimistic, with everyone eyeing the new target of $100,000. This surge of enthusiasm has also led to a significant rise in the SUI token.
This altcoin has skyrocketed to a new high, showing strong momentum as it seems poised for further gains. But can it successfully surpass the hurdle of $5.5?
Let's analyze the price of SUI:
When it comes to price targets, based on Fibonacci retracement levels, SUI may encounter some resistance around $5.4, as that is the 23.6% retracement level. However, if the bull market is strong, it is not impossible for it to reach $5.67 or even $6 in the short term.
Of course, there are also times when things don't go smoothly. The key support level for SUI is still at the psychological barrier of $5, and below that, the trading range is at $4.8.
Opportunities are coming, just wait for the pullback. When the time comes, I will guide everyone to target the lucrative opportunities in altcoins to buy in at the bottom; doubling your investment is definitely possible. Follow me and leave a message to seize the great opportunities of this bull market together.
