SUI’s Bullish Breakout: Why $11.50 Is the Next Target for Traders
SUI isn't just bouncing—it's staging a full-blown breakout. A textbook bullish pattern has emerged, and the charts suggest one clear destination: the $11.50 resistance level.
Here's why traders are betting big on SUI's next leg up.
The Technical Setup
Higher lows, shrinking sell pressure—classic accumulation behavior. Now, the pattern's confirming with a decisive move upward. No fancy indicators needed; this is pure price action signaling momentum.
The $11.50 Gambit
That resistance level isn't arbitrary. It's where previous rallies stalled, creating a psychological barrier. Break past it, and suddenly every crypto influencer 'who always believed in SUI' emerges from the woodwork.
Risks Remain (This Is Crypto, After All)
Macro headwinds could still spoil the party—because nothing tanks altcoins faster than Wall Street sneezing. But for now? The bulls have the ball. Just don't mortgage your house on it (unless you really hate your house).