SUI Price Primed for Major Rally — Analysts Predict $6.85 Target Amid Bullish Momentum
SUI, the native token of the sui blockchain, surged 9.18% to $2.92 as bullish momentum builds. Trading volume jumped 46% to $913 million, signaling strong institutional interest.
Technical analysts note a key reversal at the 0.786 Fibonacci level, with price action maintaining a rising trendline. Current targets now range between $4.91 and $6.85 as breakout potential increases.
The rally aligns with broader crypto market strength, though SUI's disproportionate volume surge suggests unique catalysts. Market makers appear to be positioning ahead of upcoming network developments.