SUI recently hit an all-time HIGH of 5.36 USD before correcting to 4.58 USD, marking a 10% decrease. Despite the drop, positive funding rates signal that traders remain optimistic about a potential recovery in the near future.
For SUI to regain its all-time HIGH, it must hold above the support level of 4.79 USD. Failure to maintain this level could lead to further declines, with a potential drop to 4.05 USD, which may dampen the bullish sentiment.
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