Could SUI's Current Trends Drive Its Price Up as Traders Set Sights on $4?

in #bitget16 hours ago

SUI is up over 20% today and has stretched its monthly gains to 140%, making it one of the best performers among top cryptocurrencies since September 5. Many in the crypto community are drawing similarities between SUI's growth and Solana's rise during the 2021 altcoin season. With this momentum, SUI has quickly attracted traders and investors eager to capitalize on its gains.

Anyway, I decided to short it at $2.35 today but seeing some free $SUI campaign for newbies on Bitget give me more confident that it could dip to $1.92 even when my TA shows a strong trend to $4. Such event could either shot the price up due to increase volume or bear when user start selling their allocation. Even when this campaign is for South Asians countries I still feel it will have an impact on $SUI.
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