Crypto:
35286
Bitcoin:
$118.818
% 0.00
BTC Dominance:
%63.8
% 0.06
Market Cap:
$3.73 T
% 0.27
Fear & Greed:
73 / 100
Bitcoin:
$ 118.818
BTC Dominance:
% 63.8
Market Cap:
$3.73 T

SUI Breaks the Downtrend: Is a New Rally on the Horizon?

While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is SUI, drawing renewed interest from investors after a significant technical breakout.

The break above the descending trendline on the 4-hour chart may be an early sign of a stronger upward movement for SUI.

Downtrend Broken, Resistance Levels Falling One by One

Following the breakout, SUI surpassed the crucial $2.88 resistance level and climbed all the way to $3. This move not only broke a psychological barrier but also signaled potential for further upward price action. If $2.88 now holds as support, it could lay the foundation for a sustained bullish move.

Is the $3.25 Target Within Reach?

All eyes are now on the $3.19–$3.25 price band. Given the current momentum and technical structure, a move towards this range appears plausible. However, this scenario depends heavily on whether the $2.88 support level holds.


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If SUI fails to maintain that support, a pullback toward the previously broken trendline is likely. As such, the $2.88 level remains a critical threshold in the short term.

SUI
SUI/USDT pair 4-hour chart.

Market Sentiment Adds Fuel to the Fire

A general recovery across the crypto market is further supporting technically strong coins like SUI. Trend breakouts often serve as early indicators of larger bullish runs, and SUI seems to be aligning with that narrative.

Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.


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