#SUI

Bullish sentiments, Trade now #Sui 👍👍🤟🤟❤🙏😍🙏💯

𝙎𝙐𝙄 𝙥𝙧𝙞𝙘𝙚 𝙝𝙖𝙨 𝙝𝙞𝙩 $3 𝙖𝙢𝙞𝙙 𝙜𝙖𝙞𝙣𝙨 𝙖𝙘𝙧𝙤𝙨𝙨 𝙩𝙝𝙚 𝙘𝙧𝙮𝙥𝙩𝙤 𝙢𝙖𝙧𝙠𝙚𝙩. 𝘼 𝙘𝙪𝙥 𝙖𝙣𝙙 𝙝𝙖𝙣𝙙𝙡𝙚 𝙥𝙖𝙩𝙩𝙚𝙧𝙣, 𝙧𝙞𝙨𝙞𝙣𝙜 𝙊𝙄 𝙖𝙣𝙙 𝙣𝙚𝙩𝙬𝙤𝙧𝙠 𝙖𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙨𝙞𝙜𝙣𝙖𝙡 𝙖 2𝙭 𝙧𝙖𝙡𝙡𝙮 𝙩𝙤 $6.

SUI price has moved back above $3 after gaining by 9% in the last 24 hours to trade at $3.04 today, July 3. The altcoin has also created a cup and handle pattern that usually suggests that bullish traders are about to be in control, and a 2x rally could be in the making. Meanwhile, trading volumes are rising significantly, given that in just 24 hours, they rose by 164% to $1.53 billion.

SUI price is gaining following gains in the crypto market today, which has seen all of the top coins, including Bitcoin, Ethereum, and other assets, record gains. However, SUI is showing potential signs of outperforming the other altcoins after it formed a bullish pattern.

The cup and handle pattern, as shown in the chart below, is made up of a rounded bottom and a handle as traders selling after the uptrend test the momentum’s strength. The handle’s descending channel is crucial to confirming this pattern because if SUI can make a strong close above it, it may cause a notable increase in price.

This week’s candle has moved above this upper resistance trendline, but to confirm that the rally of 107% as seen in the depth of this cup comes to fruition, it needs to make a strong close above it. If this happens, SUI price could record a two-times rally from its current price and reach an all-time high of $6.

Technical indicators are aligning with this bullish narrative towards the SUI price prediction. Firstly, the RSI has gone above 50, showing that the momentum is changing to bullish.