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SUI Eyes $4 Breakout as Network Growth and Exchange Listing Spark Rally
SUI Eyes $4 Breakout as Network Growth and Exchange Listing Spark Rally
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI is challenging the critical $4 resistance level, supported by both technical recovery and ecosystem expansion. The token has surged from June lows of $2.40 to trade NEAR $3.93, with a 9% intraday spike to $4.18 following news of a major exchange listing. This development has injected fresh bullish momentum into the market.
Technical analysis indicates a potential breakout toward $4.50, where concentrated Leveraged positions could amplify gains. A confirmed close above $4 with strong volume may trigger a short squeeze, potentially driving SUI toward January 2025 highs. However, the $4 level remains a historically significant barrier that has previously halted upward movements.
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