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SUI Poised for Potential Breakout as Traders Target $20 Amid Short-Term Pullback
SUI Poised for Potential Breakout as Traders Target $20 Amid Short-Term Pullback
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is experiencing a short-term pullback after the TD Sequential indicator flashed a sell signal, with crucial support levels now between $3.00 and $3.50. Analysts expect a temporary correction following its recent surge to $4.29.
Despite the dip, bullish technical formations—including ascending triangles—suggest a potential breakout above $4.80. A successful breach could drive the token toward $10, with long-term projections reaching as high as $20 if key support holds.
Market sentiment remains optimistic despite near-term volatility. Traders such as crypto Patel note SUI’s resilient price action, positioning it as a standout performer among altcoins.
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