SUI Approaches $4 Breakout as DEX Activity and ETF Momentum Fuel Bullish Sentiment

Sui's price action indicates a potential bullish breakout, driven by increasing decentralized exchange activity and growing institutional interest. The cryptocurrency has broken out of a symmetrical triangle pattern, with analysts pinpointing $4.25 as the next key Fibonacci level. Sustained momentum above this level could pave the way for a rally toward $7.

Bullish signals are reinforced by trading volumes, with sui recording daily gains surpassing 4.5%. Immediate resistance lies at $4.20, while support levels are established at $3.80 and $3.50. "The $7 target becomes achievable if SUI holds above $4.25," stated analyst Ali Martinez.

Institutional catalysts are aligning, with ETF-related momentum adding to the technical setup. The convergence of robust on-chain activity and traditional finance interest presents a unique opportunity for this LAYER 1 token.