SUI Coin Poised for Rally: $9 Target in Sight After Descending Triangle Breakout

SUI's price has shown significant strength following a breakout from a prolonged descending triangle pattern, indicating potential bullish momentum. Analysts are targeting $7 to $9 based on Fibonacci extensions, with the current price around $3.95.

The breakout above the $3.90 resistance level, which previously limited recovery attempts from January to July, now acts as a key support zone. Holding above this level could drive sui toward intermediate resistance at $4.20, followed by higher Fibonacci retracement targets at $5.36, $7.30, and $8.58.

Increased trading volume and the shift of former resistance into support highlight growing bullish momentum. This pattern aligns with classic continuation setups, where consolidation phases precede strong rallies—provided critical technical levels hold.