SUI Token Eyes $4 Breakout as Network Expansion and Exchange Listing Drive Bullish Momentum
The SUI token is testing the $4 resistance level, supported by both technical recovery and ecosystem growth. A recent 9% intraday surge to $4.18 followed news of a major exchange listing, though the price has since stabilized NEAR $3.93.
Chart analysis shows a steady upward trend from June's $2.40 lows. A strong volume breakout above $4 could target the $4.46-$4.50 range, where significant Leveraged positions are concentrated. Failure to hold this level may trigger a pullback to $3.30 support.
Market dynamics indicate increasing institutional interest, with SUI's performance now closely linked to DeFi progress and exchange adoption. The $4 level remains a critical threshold that could determine whether sui challenges January 2025 highs or faces renewed selling pressure.
