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SUI Price Analysis: Bulls Target $5 Breakout as Strong Support Holds Firm
SUI Price Analysis: Bulls Target $5 Breakout as Strong Support Holds Firm
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI's price action shows a bullish consolidation pattern, currently trading at $3.61 with $1.73 billion in volume. The key resistance at $4.35 now serves as a launchpad—a decisive breakout could push the asset toward its $5.29 all-time high. Market structure favors bulls, with solid support established between $3.54 and $3.66.
Technical analysts identify the $3.67 pivot as a critical momentum indicator. Holding above this level keeps upside potential intact, while a breakdown may trigger a pullback toward $2.80 support. Long-term outlook grows ambitious—DeFi adoption and LAYER 1 development could drive a $6-$7 valuation by 2025.
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