SUI Forms Bullish Rounded Bottom Pattern, Eyes 13% Rally to $4.60

SUI is showing strong resilience as it maintains support within the $3.50–$3.60 zone, forming a classic rounded bottom pattern that typically signals upcoming upward momentum. The altcoin's consolidation around $3.64 indicates growing buyer accumulation following recent market corrections.

Technical indicators are generating cautiously optimistic signals. The 5MA crossing above the 10MA suggests emerging bullish momentum, while the RSI sitting at neutral 50 leaves room for potential volatility. A MACD bullish crossover further supports the positive outlook, though lower trading volume advises patience before confirming a full trend reversal.

Market analysts highlight that this setup could trigger a 13% advance toward $4.60 if current support levels hold firm. The pattern mirrors traditional accumulation phases where gradual buying pressure precedes significant breakout movements.