SUI Jumps 15% as Traders Target $10 Breakout on Strong Technicals

Sui (SUI) surged 15% to $4.23 on Saturday, continuing a multi-week rally that has outperformed most major cryptocurrencies. The token has climbed 62.3% over the past month, attracting renewed interest from traders eyeing a potential breakout.

Analysts point to a key technical pattern—the AB=CD formation—which indicates symmetrical price movements often preceding upward trends. Marcus Corvinus identifies $5.64 as the pattern's completion target, with potential for a push toward $8.00 if momentum persists. CryptoBull_360 highlights a critical resistance level that, if broken, could drive sui toward the $7–$10 range.

Trading data supports the bullish outlook, with CoinDesk Research's models confirming the technical perspective. This rally isn't just speculative—it reflects growing confidence in SUI's market structure.