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SUI Token Breaks Out of Symmetrical Triangle, Eyes $8 Price Target
SUI Token Breaks Out of Symmetrical Triangle, Eyes $8 Price Target
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Crypto analyst Ali Martinez has identified a decisive breakout in the sui token's price action, with technical charts projecting an $8 target. The symmetrical triangle pattern, forming since late 2024, saw its upper boundary breached in late July 2025—a classic bullish signal after months of consolidation.
The breakout candle closed firmly above the $4.22 resistance level, accompanied by rising momentum. SUI currently trades at $4.24, marking a 55.7% monthly gain. Fibonacci extensions and the triangle's measured MOVE suggest a near-term trajectory toward $8, though retracement levels remain critical watchpoints.
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