Sui is witnessing intense market activity, approaching a significant breakout ahead of the U.S. election. Traders are keenly observing its performance due to its consistent upward trajectory in recent weeks. However, the price is currently experiencing resistance near its previous all-time high.
With the U.S. elections looming, there is speculation among investors about a potential catalyst for breaching its current price ceiling. A favorable election outcome might propel the asset towards a substantial financial milestone, specifically a projected increase to 8 dollars.