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SUI Price Forms Ascending Triangle Pattern as Analysts Predict Breakout Above All-Time High
SUI Price Forms Ascending Triangle Pattern as Analysts Predict Breakout Above All-Time High
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI's price action is displaying a textbook ascending triangle formation, indicating potential breakout momentum. The cryptocurrency surged 1000% in Q4 2024, skyrocketing from $0.48 to $5.34 before entering a consolidation phase throughout 2025. Technical patterns now suggest an imminent challenge of all-time highs.
July 2025 witnessed a 90% rally from $2.29 to $4.42 as buying pressure tested the upper boundary of the symmetrical triangle. Network growth metrics and on-chain activity reinforce the bullish technical structure, with traders anticipating a decisive MOVE before quarter-end.
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