$SUI Rally Strengthens: Eyes on $4.20 as Bulls Take Control

$SUI is gaining momentum, currently trading at $3.9517, up 4.36% in the last 24 hours. The token touched a daily high of $3.9619 and a low of $3.7083, with significant trading activity. The 24-hour volume surged to 46.65 million SUI, equivalent to $178.63 million USDT, signaling renewed investor interest.

Technical Overview:

SUI continues its bullish trajectory after bouncing off support earlier this week. On the 4-hour chart, the price action remains within an ascending trend channel, with the current level hovering just below key resistance at $4.00. A confirmed breakout above this psychological level could pave the way toward $4.20, followed by a potential push toward $4.50, aligning with the upper boundary of the ongoing uptrend.

Trade Setup:

Buy Range: $3.88 – $3.96

Target 1: $4.10

Target 2: $4.20

Final Target: $4.50

Stop-Loss: Below $3.70

The trading outlook is optimistic, supported by increasing volume and consistent higher lows. If SUI holds above the $3.90 mark, momentum could strengthen quickly. However, failure to stay above $3.70 may lead to a short-term correction toward $3.50.

With market sentiment turning positive and SUI reclaiming higher levels, this may be a key moment for bulls to push the price further. A break and close above $4.00 will be critical in confirming continued upside.

Buy and Trade Here on $SUI