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SUI Bulls Hold Strong at $3.30 Support as Traders Target $6 Breakout
SUI Bulls Hold Strong at $3.30 Support as Traders Target $6 Breakout
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI’s price action shows a bullish wedge breakout, with the cryptocurrency maintaining a strong position above the $3.30 demand zone. Despite sluggish activity in broader crypto markets, SUI managed a slight 0.19% gain while defending this key level—currently testing the 50-day EMA at $3.38.
Derivatives data indicates increasing trader interest as the token approaches the 23.6% Fibonacci resistance. The lower price rejection at $3.40 suggests accumulation, potentially setting the stage for a rally toward $4.63 or even $6 in upcoming trading sessions.
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