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SUI Defends $3 Support: Is a 66% Surge to $5 Imminent?

SUI Defends $3 Support: Is a 66% Surge to $5 Imminent?

Published:
2025-09-04 07:39:47
22
3

SUI bulls dig in at critical support as technical setup hints at explosive upside potential.

Defending the Line

The $3 level isn't just psychological—it's become SUI's battleground. Bulls absorbed selling pressure like a sponge, refusing to let bears break through what's now clearly established support. This isn't hope; it's calculated defense.

Momentum Building

Every successful defense at $3 adds fuel to the next leg up. Traders watch for volume spikes and higher lows—classic signs that accumulation's happening while traditional finance sleeps on another opportunity. The pattern suggests momentum isn't just holding; it's building.

The $5 Target

Breaking through immediate resistance zones could trigger a cascade toward $5—a move that'd make Wall Street's 2% annual returns look like pocket change. This isn't speculation; it's probability based on current structure and momentum alignment.

While bankers debate rate cuts, SUI's chart speaks the only language that matters: price action. The path to $5 isn't a question of if, but when—and smart money's already positioning.

SUI price forms an ascending triangle pattern on the 1-week chart.

SUI price forms an ascending triangle pattern on the 1-week chart — Sep. 4 | Source: crypto.news

As of press time, SUI is trading NEAR the lower trendline at $3.10, which serves as a crucial support level. A rebound from this zone could act as a springboard for a move toward $4.30, aligning with the upper boundary of the pattern.

 A decisive breakout above that level WOULD open the way for a rally to $6.89, the projected target based on the height of the pattern, representing nearly 106% upside from current levels.

Conversely, if bearish momentum persists, a breakdown below the lower trendline could trigger a decline to $2.31, the next significant support level.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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