The cryptocurrency SUI has experienced a significant recovery this week, with its price currently trading around $5.06. There are indicators suggesting that SUI could break its previous all-time high of $5.36 and potentially reach a new high of $6.35. Technical indicators such as the Relative Strength Index and Moving Average Convergence Divergence support this bullish outlook, along with an increase in open interest and a high long-to-short ratio. However, if the price drops below $4.45, the bullish thesis could fail.



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