SUI is closing in on $5 after a steady month-long rally, with RSI indicating an oversold zone. Liquidation clusters around $4.4–$4.6 may spark a short squeeze that could drive prices further up.

Sui [SUI] has been quietly outperforming other altcoins recently. After nearly a month of steady gains, the altcoin is now inching closer to the key price level at $5— a milestone that could soon be within reach.

On the daily chart, SUI is gaining momentum after sweeping the liquidity at around $4.2 supply zone.

Interestingly, the momentum does not seem to fade soon. Sui’s Relative Strength Index (RSI) is also hovering at an oversold territory, suggesting a potential reversal to shoot higher.