$SUI Current Price Action & Breakout**

- **Price**: SUI is trading at **$4.04**, up **26% in 24 hours**, with a market cap of **$13.96B** .

- **Breakout Triggers**:

- **Ascending Triangle Breakout**: SUI surged past **$3.50**, targeting **$3.74–$3.89** in the short term .

- **Cup-and-Handle Pattern**: A bullish technical formation suggests a potential rally to **$6.00** (107% upside) if resistance at **$4.30** is breached .

- **Institutional Interest**: Increased adoption of SUI’s Layer-1 blockchain for scalable dApps and rising Total Value Locked (TVL) to **$1.842B**