Analyzing SUI’s market position: Bullish sentiment fuels 60% rally hopes

AMB Crypto 11 months ago 278

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Posted: November 30, 2024

68.20% of top SUI ($1.50) traders hold long positions, while 31.80% hold short positions.
Traders are over-leveraged at $3.326 on the lower side and $3.538 on the upper side.

SUI, the native token of the Sui network, is making waves in the rapidly evolving cryptocurrency landscape by outperforming major cryptocurrencies like Bitcoin [BTC ($87,769.00)], Ethereum [ETH ($2,946.46)], and other major financial assets.

Besides an impressive performance, the altcoin is poised to continue this rally as it has formed a bullish price action pattern.

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