Recent Surge: SUI recently surged ~400%, driven by an FTX token fire‑sale reversal—FTX sold 888 M tokens earlier, now worth billions at today’s levels .
Alt‑Season Trends: Analysts expect money flow from BTC into altcoins to drive SUI toward $5, with key resistance around $4.30–4.50 .
On‑Chain Momentum: Total Value Locked (TVL) exceeded $2.2 B, and DeFi activity continues to strengthen .
Technical Setup: Price broke out of a falling-wedge pattern, reclaiming $4 with strong demand—signals echoing early XRP moves .
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🛠️ Technical Levels & Strategy
🔹 Key Resistance Zones
**$4.11** – near upper Bollinger Band; breakout above = bullish kick-off toward $4.50–$5.29 .
**$4.27–4.30** – next supply level; crossing convincingly could confirm alt‑season thesis .
🔹 Key Support Zones
Pivot ~$3.97, short-term supports at $3.90–3.80, $3.73 .
Stronger support at $3.74–3.80 — a clear breakdown below may signal weakness .
🔹 Technical Indicators
Mixed-to-positive readings: daily timeframe technicals tilted bullish (more Buy signals in moving averages, oscillators mixed) .
Oversold to neutral momentum suggests space for further upside, though short-term pullbacks are possible .
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🎯 What to Expect Next
1. Bullish Scenario
If SUI holds above $4.00 and breaks $4.11–4.30 with volume, expect a move to $4.50–5.00, and possibly retest the 52-week high near $5.29 .
2. Neutral/Cautious Scenario
A stall at resistance may lead to consolidation in the $3.90–4.10 range. Pullbacks to $3.80–3.90 could serve as entry points .
3. Bearish Trigger
Falling through $3.80, especially on high volume, could drive a drop toward $3.74, and if sentiment sours, possibly down to $3.30–3.50, as per some predictive models .
