SUI Shows Bullish MACD Signals, Potential 400% Rally Ahead
SUI's price jumped 20% this week, hitting a peak of $3.54 before a slight pullback, adding to its impressive 352% annual gain. Analyst Ted Pillows highlights a classic ascending channel and an upcoming MACD crossover as indicators of a potential parabolic surge.
The altcoin has maintained strong support at $2.50 after being rejected NEAR $5.00, with weekly charts pointing toward a possible rise to $10.50-$13.00. The current market structure resembles historical breakout patterns seen before major altseason rallies.