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SUI/USDT Market Update – Strong Bullish Momentum
SUI is demonstrating a solid upward trend on the 15-minute chart, currently trading at $3.6843, reflecting a +5.09% gain. The price action has tested a 24h high of $3.7014 and a low of $3.4047, showing strong recovery and bullish momentum.
Key Highlights:
24h Volume (SUI): 6.52M
24h Volume (USDT): 23.18M
SUIUSDT Perpetual: $3.6814 (+5.27%)
Current APR for SUI Staking: Up to 6.58%
Technical Outlook:
Price remains above key moving averages (MA5: 3.6747, MA10: 3.6622, MA30: 3.6053), suggesting bullish sentiment.
Short-term breakout confirmed as price surged from a low of $3.5827 to current levels.
Conclusion: Momentum is building for SUI/USDT as bullish sentiment strengthens. Traders should monitor for continuation above the $3.70 resistance level for a potential move higher.
Trade now on Gate.io and take advantage of the opportunities in the SUI market.
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