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SUI Price Targets $1 Comeback Following Grayscale Sui Trust Launch

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Summary
Nutrition label

65% Informative

SUI price gives a bullish breakout from the channel pattern resistance, ending a 100-day correction period.

On Wednesday , Grayscale introduced two new cryptocurrency investment vehicles: the Grayingcale Bittensor Trust and the Grayedcale Sui Trust .

A price jump above 20-and-50-day EMA could hint at a positive shift in the near-term trend.

Today , the SUI token trades at $ 0.839 and shows a possible retest of the breached trendline.

VR Score

44

Informative language

32

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48

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formal

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English

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47

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short-lived

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