SUI Price Primed for $10 Breakout as Key $2 Support Holds Strong
SUI is building bullish momentum with technical analysts identifying a potential breakout pattern, demonstrating resilient support above the $2 level. While currently trading sideways, the token shows underlying strength with chartists observing a 1-2 wave formation that could drive prices toward the $8-$10 range.
BitGuru's analysis highlights critical resistance between $2.19-$2.20—a decisive breakout here could catalyze upward movement beyond $2.30. Currently trading at $2.15 with $1.3 billion in daily volume, SUI's 1.09% gain reflects growing market interest.
The pattern mirrors April's consolidation phase, suggesting accumulated energy for a significant price movement. Traders await confirmation of the triangle breakout, which WOULD validate the projected upward trajectory.
