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SUI Targets Bullish Momentum as $3 Breakout Sparks Analyst Optimism
SUI Targets Bullish Momentum as $3 Breakout Sparks Analyst Optimism
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI jumped 10% on Thursday, testing the key $3.00 resistance after bouncing from a recent low of $2.70. The altcoin, which broke its multi-month downtrend in late March, now faces a cluster of technical hurdles—including its 50-day, 100-day, and 200-day EMAs—as traders eye a potential bullish flag breakout.
Analyst Alex Clay emphasizes the importance of sui holding above the $2.80-$2.90 support zone, which was reclaimed after June's geopolitical-driven selloff dropped it to $2.22. The token's Q2 range between $2.33 and $4.10 remains intact, with May's peak of $4.29 serving as a likely target if the current uptrend continues.
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