SUI Surges 20% Daily—Ecosystem Coins Poised for Continued Rally
Sui Network (SUI) shattered its weekly wedge pattern, sparking a broad rally across its ecosystem. The breakout fueled DEX volumes and propelled the token past key resistance levels.
The weekly chart shows a decisive bullish reversal, with SUI breaking through the $2.00 support-turned-resistance level. This critical point—previously a mid-year obstacle—now serves as a launchpad for further gains. The token closed at $3.45, demonstrating sustained buying pressure during the crucial $2.00 retest.
Technical indicators suggest additional upside potential. The resolved falling wedge pattern points toward a $3.70 target, contingent on maintaining current momentum. Traders now watch to see if this breakout will drive broader ecosystem growth.