SUI Experiences Major Bounce as RSI Hits Record Low

The cryptocurrency SUI has seen a significant rebound, marking a strong return after a sharp sell-off. The recent price surge is driven by an RSI reading that is now its lowest since 2023, confirming extreme oversold conditions. This momentum has propelled SUI towards the crucial support and resistance levels, with the price aiming to reach between $1.9-$2.2. Analysts believe this bounce points to a potential turning point in the market.