SUI (SUI) gathered 15% Saturday to $ 4.23 and extended its wave for several weeks and surpassed most major cryptocurrencies. The token has now risen 13.1% over the past week, 28.7% in the last 14 days and 62.3% over the past month, according to Coindesk data.
The move drawn renewed attention from crypto traders with analysts marking the potential for a wider breakout.
“Marcus Corvinus” described the setup as a “breakout -zone load”, noting that Suis Price is pushing against trendline resistance -a level that has repeatedly limited its recent competitions. He pointed to a technical formation called an AB = CD pattern that reflects symmetrical price movements. When it is completed, this pattern often goes in front of another leg higher.
Corvinus said Momentum is building fast and outlined a number of bullish price targets: $ 5.64 to finish the pattern, $ 6.70 as an “acceleration zone” and $ 8.00 if the rally gets full momentum. “This is not just another pump,” he wrote. “It’s the start of Sui’s next explosive leg.”
Another analyst, who released under the handle “Cryptobull_360”, emphasized the importance of a key resistance level that SUI has not been underway in previous attempts. He suggested that a crucial feature over this line could open the door to a rally against $ 7- $ 10.
The technical case seems to be supported by trading data. According to Coindesk Research’s technical analysis data model, SUI saw a clear period of accumulation during the previous day, followed by a high volume breakout above the psychological level of $ 4.00. Volume almost doubled its 24-hour average below the wave, and support levels formed at multiple price points, indicating sustained institutional interest.
With analysts pointing to clean card structures, accelerating momentum and expanding on the main goals, all eyes are now whether Sui can deliver the breakout light that dealers have been waiting for.
Technical analysis highlights
- SUI-USD increased 14% during the 24-hour session from July 25 at 1 p.m. 16:00 UTC to July 26 at. 15:00 UTC, climbing from $ 3.67 to $ 4.18.
- After 16 hours of consolidation between $ 3.65 and $ 4.00, the token broke over the $ 4.00 psychological resistance around 04:00 UTC.
- Trade volume spiked at 28.8 million during the 14th hour UTC, almost twice the 24-hour average of 14.35 million, confirming a strong buying interest.
- Key short -term support formed for $ 3.93, $ 3.98 and $ 4.02 as prices moved higher.
- In the last 60 minutes of the session, SUI rose another 2%and jumped from $ 4.09 to $ 4.17, with volume peaking near 2.96 million.
- The resistance was cleared to $ 4.10, $ 4.12 and $ 4.15 before a short consolidation around $ 4.16- $ 4.17.
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