$SUI has consistently followed an ascending trendline on the weekly chart, with previous rebounds leading to massive gains, 1058% and 122%. The token has once again bounced from this key support level and is now trading above $3.38.
If SUI breaks and holds above $4.55, it could signal stronger bullish momentum. Past trends suggest that holding this support zone has triggered major upward moves, meaning another rally could be possible. However, the $7 target is speculative and depends on sustained buying pressure, overall market conditions, and the ability to maintain key support levels.
While the setup looks promising, confirmation above $4.55 is needed, and external factors will play a crucial role in determining whether SUI can reach $7.