The SUI token is showing signs of recovery strength in the market, overcoming significant resistance levels while recording a rise in trading volume.
Resistance Level Breakthrough
SUI is showcasing renewed bullish strength as it breaks through a long-standing resistance level at $4.01, which was tested multiple times in 2024 and early 2025.
Surge in SUI Token Volume
SUI exceeded a significant milestone by surpassing $510 billion in total token volume. Data indicates exponential growth in volume since early 2024, with monthly averages now reaching $18.89 billion.
Breakout from Downtrend Channel
SUI has broken out of a descending channel, confirmed by daily chart data. The current price is near $3.45, holding above the 50-day moving average at $3.05.
SUI exhibits positive trends supported by increasing volume and strong technical indicators, possibly signaling further strengthening of the token's position in the crypto market.