SUI has reached a new all-time high of $3.52, defying bearish expectations and showing resilience in its upward rally. Despite bearish bets and short contracts from investors anticipating a price drop, SUI's momentum remains strong. The Average Directional Index (ADX) indicates a significant upward trend, increasing the likelihood of sustained growth. SUI's performance is tracking closely with Bitcoin's bullish trend and has a strong support level at $3.20. However, if the support is not maintained, the price could slip to $2.85, potentially shifting investor sentiment.
- Content Editor ( beincrypto.com )
- 2024-11-14
SUI Price Hits New ATH, Defying Skeptics as Uptrend Strengthens