SUI has seen a remarkable 151% price increase in September, reaching a six-month high and moving closer to its all-time high (ATH) of $2.18.
Investors are optimistic about SUI achieving this milestone soon, as continuous bullish momentum and increased market activity highlight its strong performance in the crypto space.
Technical indicators such as the MACD and RSI support this rally, showing signs of strengthened bullish sentiment and minimal selling pressure, suggesting potential for further price gains.
The MACD indicates a positive market shift with rising green bars on the histogram pointing to increased buyer control, while the RSI remains high without significant sell-offs, signaling continued bullish momentum.
SUI's next resistance level is at $2.18, and breaking this could lead to further price increases. The altcoin's support at $1.70 is crucial for maintaining the bullish outlook, as losing this could invalidate the positive trend and reduce profits.
