SUI Targets $4 Breakout Following 85% Surge, But Analysts Flag Possible Pullback

SUI has rocketed nearly 85% in two weeks, smashing through the $3.80 resistance and eyeing a potential push to $4.00. The altcoin, which crashed 68% from its January peak of $5.35 to a six-month trough of $1.71 during Q1’s market downturn, is now showing fresh bullish energy.

Market watchers acknowledge SUI’s recovery of critical support levels but warn that a retest of lower prices might come before further gains. The token’s March effort to reclaim $3.00 faltered despite institutional adoption headlines, though current price action indicates stronger conviction this time around.

While token unlocks created selling pressure, SUI managed to rally from $2.11 to recapture $3.00—showing notable resilience. Traders are now watching to see if this signals the beginning of a sustained uptrend or if more consolidation is needed.