Golden Cross Signals a Potential 380% Explosion
The $SUI quickly stood out in the cryptocurrency market, registering a dramatic gain of 150%, from $1.71 to $4.30. However, not everything is smooth. An unlocking of tokens worth $215 million on June 1, 2025, threatens to introduce significant selling pressure.
According to the latest update from SirRichard on X, the $SUI displayed notable price fluctuations, but its long-term outlook remains firmly optimistic. The token recently staged a remarkable rally of 150%, rising from a low of $1.71 to a high of $4.30. This explosive movement caught the attention of traders, especially as it coincided with a golden cross formation on the daily chart, a classic technical signal that often precedes significant bullish continuation. Based on this scenario, SirRichard believes that the $SUI may be preparing for an even more significant increase, potentially targeting new highs around $7.56. If this happens, it would represent an impressive gain of 380% compared to previous levels.