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SUI Technical Analysis Points to Potential Rally Toward $10 as Market Enters Expansion Phase

SUI Technical Analysis Points to Potential Rally Toward $10 as Market Enters Expansion Phase

Author:

Global Cryptocurrency

Published:

2026-01-20 21:36:07

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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN] SUI News -

Prominent cryptocurrency analyst Dan Gambardello has highlighted bullish technical indicators for SUI, suggesting a potential surge to the $8-$10 range as market conditions shift into an expansionary phase. The altcoin's price action shows a long-term ascending channel pattern, with current levels hugging the lower boundary—a historical precursor to upward breakouts.

Market structure mirrors past consolidation periods that preceded significant rallies. Broader business cycle metrics further support the thesis, with pink line expansion signaling impending growth. "The signs are all there for anyone who WOULD like to pay attention," Gambardello noted in a January 2026 tweet accompanying the technical chart.

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