SUI has broken free from its months-long descending channel with a powerful surge, triggering renewed bullish momentum across the market. After consolidating below resistance for weeks, the daily chart now shows a vertical rally that has positioned SUI on a direct path toward its all-time high. With current price action accelerating, the next major target is clearly defined: $5.39—SUI’s historical peak.
This decisive breakout not only signals a trend reversal but also reflects growing interest in the Sui ecosystem. If bullish momentum continues and broader market conditions remain supportive, SUI could attempt to retest and potentially break its record level, setting the stage for price discovery. Traders are watching closely to see if this momentum will carry the asset into uncharted territory. $SUI