SUI Price Targets $5 as Bull Flag Pattern Signals Strong Upside Potential
Sui’s native token SUI is demonstrating robust bullish momentum, currently priced at $3.40 with a 1.7% daily increase. The asset has surged 75% since mid-April before entering a consolidation phase, forming a classic bull flag pattern identified by technical analysts.
Market sentiment remains optimistic, as reflected by CoinMarketCap’s community indicators, with a $1.76 billion daily volume supporting its $12.18 billion market cap. Traders are eyeing a potential breakout toward the $5 mark if the bullish pattern holds.