$SUI Analysis
The $SUI/SOL pair on the weekly chart displays a potential Cup & Handle pattern, signaling a bullish breakout possibility for $SUI against $SOL.
This technical setup suggests SUI could significantly outperform $SOL in the coming months, with analysts eyeing double-digit targets for $SUI/USD. Meanwhile, $SOL/USD faces resistance between $190-$230, where a lower high may form, indicating weaker momentum.
If the breakout from the Cup & Handle occurs, $SUI could see strong upward pressure, while $SOL may lag, potentially underperforming in relative terms. Watch for confirmation of the breakout and monitor $SOL’s price action near the $190-$230 zone for signs of rejection.