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SUI Price Prediction: Bullish Momentum Targets $9 as Breakout Accelerates
SUI Price Prediction: Bullish Momentum Targets $9 as Breakout Accelerates
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui's native token SUI has surged past the critical $4 resistance level, with analysts projecting a parabolic MOVE toward $7–$9. The breakout follows a 42% increase in DeFi TVL and strengthening on-chain metrics, signaling robust fundamental growth.
Technical patterns reveal a textbook expansion after compression, with crypto analyst Ali identifying Fibonacci extension targets at $5.36, $7.30, and $8.58. The $4.20 level now serves as a key confirmation point for sustained upward momentum.
Market participants are monitoring the $3.90 support level following a recent test, which held firm during a brief pullback. The combination of technical strength and ecosystem growth positions sui for potential continuation of its current trend.
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