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Bullish
⭐️ $SUI Price Prediction: Is $5 the Next Target After This Breakout?
Sui (SUI) is showing renewed bullish momentum after breaking above key resistance levels, and its technical indicators are pointing toward a potential continuation rally. The charts reveal a well-structured uptrend forming on both the daily and hourly timeframes, which has investors eyeing the next major psychological barrier at $5.
🔸 SUI Price Prediction: What Does the Daily Chart Say?
The daily chart displays a strong bullish recovery from April lows near $1.80. After weeks of consolidation and sideways movement, SUI has finally broken above the 50-day and 100-day moving averages. It’s currently trading above all major SMAs (20, 50, 100, 200), with the 20-day SMA crossing above the 50-day — a textbook bullish crossover. The price is hovering around $4.09, up nearly 1.86% for the day, and has cleanly breached previous resistance near $3.50–$3.80.
What’s more interesting is the positive slope in the Accumulation/Distribution Line (ADL), indicating growing buying pressure. The recent SUI price surge is not just speculative — it’s supported by strong volume and accumulation, which adds weight to the breakout.
🔸 What’s Happening on the Hourly Chart?
Zooming into the hourly chart, the momentum looks just as solid. After retesting the $3.80 zone multiple times, SUI price launched a strong rally, hitting an intraday high above $4.20 before pulling back slightly. The moving averages are perfectly aligned for a short-term rally: the 20, 50, 100, and 200 SMAs are stacked bullishly. Despite a minor cooldown at press time, SUI is still trading above the 20-SMA on the 1-hour chart — signaling a healthy trend.
Volume spikes on upward candles and flat ADL during dips suggest that short-term dips are being bought aggressively. This setup increases the likelihood of another leg up if SUI holds above $3.95.
#SUI #Suinetwork
Sui (SUI) is showing renewed bullish momentum after breaking above key resistance levels, and its technical indicators are pointing toward a potential continuation rally. The charts reveal a well-structured uptrend forming on both the daily and hourly timeframes, which has investors eyeing the next major psychological barrier at $5.
🔸 SUI Price Prediction: What Does the Daily Chart Say?
The daily chart displays a strong bullish recovery from April lows near $1.80. After weeks of consolidation and sideways movement, SUI has finally broken above the 50-day and 100-day moving averages. It’s currently trading above all major SMAs (20, 50, 100, 200), with the 20-day SMA crossing above the 50-day — a textbook bullish crossover. The price is hovering around $4.09, up nearly 1.86% for the day, and has cleanly breached previous resistance near $3.50–$3.80.
What’s more interesting is the positive slope in the Accumulation/Distribution Line (ADL), indicating growing buying pressure. The recent SUI price surge is not just speculative — it’s supported by strong volume and accumulation, which adds weight to the breakout.
🔸 What’s Happening on the Hourly Chart?
Zooming into the hourly chart, the momentum looks just as solid. After retesting the $3.80 zone multiple times, SUI price launched a strong rally, hitting an intraday high above $4.20 before pulling back slightly. The moving averages are perfectly aligned for a short-term rally: the 20, 50, 100, and 200 SMAs are stacked bullishly. Despite a minor cooldown at press time, SUI is still trading above the 20-SMA on the 1-hour chart — signaling a healthy trend.
Volume spikes on upward candles and flat ADL during dips suggest that short-term dips are being bought aggressively. This setup increases the likelihood of another leg up if SUI holds above $3.95.
#SUI #Suinetwork
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