CandleFocus SUI Recovery Targets $3 Price as TVL Crosses $1B
2024-09-30
Author: Content Editor
The SUI network has reached $1 billion in total value locked (TVL) on its network, positioning itself as a potential competitor to established platforms like Solana. The SUI token has seen a bullish trend, challenging the $1.74 resistance level. However, there is a possibility of a double-top pattern and the MACD indicator suggests a potential bearish crossover. If the bullish trend continues, the price could reach $2.07 and potentially $3 in October. Crucial support levels for the altcoin are at $1.48 and $1.30.
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