CandleFocus

SUI Price Hits New All-Time High With TVL Approaching $1.8 Billion

The price of SUI has reached a new all-time high and its Total Value Locked (TVL) has also hit a record of $1.72 billion. Technical indicators like the ADX suggest a strong uptrend and a golden cross has supported the recent rally. SUI is well-positioned to test the $4.50 level, but key support levels at $3.94 and $3.65 will be important. The high TVL reflects strong investor confidence and increasing activity within the SUI ecosystem. The ADX has surged, indicating a strengthening trend and potentially driven by increased investor activity. The recent golden cross formation suggests the start of a bullish trend.

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