SUI Nears Critical $4.40 Resistance – Bulls Prepare for Potential Breakout Rally

SUI is currently trading at $3.83, showing a 4.11% monthly gain, with a market capitalization of $13.46 billion. The cryptocurrency is testing a crucial resistance level at $4.40. A successful breakout above this level could indicate strong bullish momentum, while failure to breach it might lead to a retracement toward the $3.60 support level.

Technical indicators suggest resilience above $3.75, supported by an ascending trendline that reinforces bullish sentiment. Market analysts note that a confirmed breakout and retest above $4.40 could trigger significant upward movement for SUI, aligning with the broader altcoin market's positive trend.

Liquidity conditions remain healthy, with the unlocked market cap closely tracking circulating supply—a sign of robust buying interest. Sui's scalable blockchain technology continues to draw investor attention, providing fundamental support for its price action.