SUI Price Targets $5 Breakout as Institutional Holdings Exceed $100 Million
SUI Group Holdings Limited, the only publicly traded company with connections to the sui Foundation, has increased its treasury holdings to over 100 million SUI tokens—representing a $100M+ position at current valuations. This institutional accumulation aligns with a bullish technical setup on daily charts.
The altcoin has established a pattern of consolidation phases followed by breakouts, with its current flag formation indicating potential upside movement toward $5. Futures market data shows sustained buyer interest despite limited spot activity, strengthening the technical outlook.
Market participants are closely monitoring the $3.40 resistance level. A decisive breakout could trigger algorithmic buying pressure as traders target the measured MOVE objective derived from the flagpole's height.