SUI Approaches Key Breakout as Bullish Momentum Builds
SUI has surged 8% to $3.53, testing the upper boundary of a months-long symmetrical triangle pattern. The network's expansion to 225 million accounts highlights rapid adoption, while increasing Open Interest and buyer dominance in derivatives markets reflect strong bullish sentiment.
Futures Taker CVD data shows sustained buy-side pressure over 90 days, aligning with the price rally. A confirmed breakout above $3.50 could accelerate gains, with potential short liquidations adding fuel to the upward movement.