Sui (SUI) Jumps 15% to $1.16 on DeepBook BTC Prediction Markets Launch
- —SUI gained 15% in 24 hours to $1.16, up 41.4% over the week
- —Daily volume hit $1.74 billion, 154% above the 30-day average
- —RSI (14) at 77.1% and stochastic at 92.1% point to overbought conditions
- —Catalyst was the launch of one-minute BTC prediction markets on DeepBook
Why it matters: The move is backed by real volume, but extreme overbought readings raise the risk of a pullback toward $1.06 support.
Source: DiarioBitcoin