SUI has reached 2.1 billion USD in DEX trading volume, benefiting from meme coin activity. Yet, it lags behind major platforms like Base, BNB Chain, and Ethereum in liquidity. Despite some buying pressure, technical indicators reveal a lack of robust trend strength.
Key resistance for SUI is at 2.28 USD, with support at 2.02 USD. The mixed signals from RSI and ADX indicate a consolidation phase with limited bullish momentum. The market remains cautious, needing stronger confirmation for sustained growth.
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