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SUI Targets $4 After 56% Weekly Rally – Critical Price Levels Analyzed
SUI Targets $4 After 56% Weekly Rally – Critical Price Levels Analyzed
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI has become this week’s top crypto performer with a remarkable 56% surge, sparking renewed bullish momentum. Analysts suggest the token could be preparing for a significant upward move toward new all-time highs.
On Thursday, SUI broke through the key $3 resistance level with an 11% daily gain, signaling a strong reversal from its four-month downtrend since peaking at $5.35. The token had previously retraced over 68% from its January highs before establishing support.
Technical analysts are monitoring the $2.70-$2.80 zone, which SUI reclaimed last month after breaking out of a multi-month falling wedge pattern. Current price action indicates potential for further upside, with traders targeting $4 as the next major objective.
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