$SUI

SUI has recently displayed strong bullish momentum, breaking out of key resistance levels and rallying significantly over the past few weeks. This is backed by growing Total Value Locked (TVL) in its DeFi ecosystem and renewed investor interest in altcoins.

While some technical indicators suggest a potential for short-term profit-taking or consolidation, the overall sentiment remains optimistic. The token is attempting to reclaim the $4.00 resistance, and if it sustains above this, a push towards $4.20-$4.50 could be seen in the next 2 hours. However, traders should be mindful of potential volatility and watch for any signs of fading momentum. A retest of the $3.50-$3.20 support region is possible if buying pressure wanes.