Sui (SUI) scores 11% growth in the last 24 hours: analysis
2024-09-25

With a bullish recovery rally gaining momentum, the SUI token price shows an exponential rise. Over the past 24 days, it has increased by 135%, with a streak of massive bullish engulfing candles.

Currently, it is challenging the 78.60% Fibonacci level at $1.74. With a golden crossover in the daily chart, the RSI line is trading high in the overbought zone. 

Based on the Fibonacci level, the next target for this rising altcoin stands at $2.00, with the upside potential to the $3.00 resistance level at $1.618 Fibonacci level.