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SUI Breaks Key Resistance with 6% Rally, $4 Price Target in Sight
SUI Breaks Key Resistance with 6% Rally, $4 Price Target in Sight
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui (SUI) has surged past a major resistance level, marking its strongest price movement since May 10. The altcoin is up 6% at press time, showing robust bullish momentum despite mixed market conditions.
On-chain data reveals aggressive buying activity in spot markets, with demand significantly outpacing sell pressure. This pattern has historically preceded major price movements, adding weight to the technical breakout.
The combination of technical and fundamental factors suggests continued upside potential, with $4 emerging as the near-term target. SUI''s ability to rally while other altcoins remain range-bound demonstrates notable relative strength that traders are monitoring closely.
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