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SUI Confirms Bullish Breakout as Accumulation Signals Point to $7 Target
SUI Confirms Bullish Breakout as Accumulation Signals Point to $7 Target
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui (SUI) has decisively broken out of a symmetrical triangle pattern, sparking bullish momentum toward the $7 target. The cryptocurrency now trades near $3.70, with Fibonacci extensions reinforcing the upside potential. Market structure hinges on sustained buying pressure—a premature fade could delay the rally.
Exchange outflows totaling $8.74 million signal accumulation, as investors MOVE tokens off platforms. This reduction in sell-side liquidity historically precedes bullish phases. Should the trend hold, SUI may establish stronger support levels and mitigate volatility.
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