🚀 $SUI Shatters Bullish Flag—$10 Target in Sight as ETF Frenzy Fuels Rally

Move over, traditional finance—$SUI just ripped through its bullish flag pattern like a hot knife through butter. With ETF mania injecting rocket fuel into crypto markets, traders are eyeing a swift march toward double digits.

Technicals scream go

The breakout confirms what chart junkies already knew: SUI's consolidation was just a pit stop before the next leg up. Now it's got clean air until that juicy $10 target—a level that'd make even Wall Street's most jaded ETF salesmen crack a smile (between martini lunches, of course).

Sentiment shift or same old hype?

Sure, the ETF tailwind helps. But let's not pretend this isn't crypto—where 'narrative velocity' often outpaces actual adoption. Still, when the charts align like this, even cynics pay attention. Just maybe keep one hand on your exit strategy while the other's busy chasing gains.

$SUI, the native token of Sui blockchain, has seen a notable development in terms of price movement. As per the data from Captain Faibik, it has gained market attention with wider technical breakout, after a bullish flag as well as a falling wedge pattern. The popular crypto analyst discussed the significance of this spike in a recent social media post, predicting $10 as $SUI’s midterm target. In addition to this, the market indicators signify a bullish continuation amid the rising ETF hype.

$SUI Bullish Flag Upside Breakout/Retest on the 3d TF Chart..

Midterm target : 10$#Crypto #SUI #SUIUSDT #SuiNetwork pic.twitter.com/KCRMeODj6j

$SUI Records Bullish Breakout, Setting $10 as Midterm Target

The onchain analytics point out that the $SUI/$USDT pair presents a bullish flag and a falling wedge pattern. Interestingly, the respective pattern has resulted in a notable upside breakout. In this respect, the price of $SUI has touched $4.04 following a rebound after reaching the lows around $3.51. The current price of the crypto token 8.56% upsurge over the past 24 hours. In addition to this, the respective development highlights the potential of a bullish continuation.

Keeping this in view, $10 serves as $SUI’s midterm price target. This level reportedly underscores an approximately 150% growth. Additionally, the market statistics underscore $SUI’s likely jump to $6.68 in the NEAR term while moving toward the above-mentioned mark. Nevertheless, for that to occur, there is a requirement for a persistence in the positive price momentum.

Bullish Momentum or Short-Term Hype, Traders Advised Caution

According to Carl Moon, SUI’s present bullish trajectory reveals its “wake up.” Simultaneously, with a 10% increase, the total value locked (TVL) of $SUI has climbed above $2B amid aggressive volume activity. Nevertheless, despite the ongoing upward trajectory, the traders need to remain cautious while bulls are controlling the market.

#SUI is waking up! Price up ~10%, TVL back above $2B, and volume is ripping. Whales accumulating. ETF chatter building.

Key levels:
– Resistance: $4,00–4,20
– Support: $3,50

Breakout could send $SUI toward $5! Stay sharp. The #altcoin rotation is real.#Altseason