driving SUI out of its previous consolidationSUI's price has surged 13% intraday and over 80% this week, largely due to the influence of Bitcoin and the Federal Reserve's actions.
The past 72 hours have been particularly impactful, driving SUI out of its previous consolidation range from August to early September.
Currently, SUI is trading at $1.5550 with a market capitalization of $4.21 billion, significantly up from its monthly low of $2.14 billion, now ranking 22nd in market cap.
If this momentum continues, SUI could target $1.80 and $2.00 in the short term. Should it surpass these levels, the change of character (ChoCh) could propel it further towards $3.00 and $5.00.