SUI Surges Past $3.89: Bullish Indicators Point to $11 Target
The cryptocurrency market has recovered from a recent downturn, boosting investor confidence. SUI is leading the altcoin rally, having surpassed $4 in mid-May and demonstrating stability around $3.9 despite broader market pullbacks.
Technical analysis highlights SUI’s strength, with the asset holding above critical Fibonacci retracement levels and maintaining a consistent higher-highs, higher-lows pattern since Q2 2025. The 20-day exponential moving average (EMA) is acting as dynamic support, fueling speculation of a potential breakout beyond its all-time high of $5.37.