#FOMCMeeting SUI Breaks Out from Triangle, Analysts Target $7.80 as Volume and Trend Confirm Strength.
SUI ATH is in sight as the token breaks out of a multi-month consolidation phase with strong bullish momentum. After retesting $3.80 as support, analysts expect a continuation toward $7.80, supported by technical structure, institutional interest, and growing DeFi activity. At the time of writing, SUI was trading at $3.74.
SUI Breaks Symmetrical Triangle with 108% Rally Target
According to an analysis prepared by Sui Intern, SUI broke out of a symmetrical triangle on the daily chart after months of consolidation. The breakout occurred near $3.80, with increasing volume and a confirmed shift in momentum. The triangle pattern projects a 108.21% move from the breakout point, targeting a new all-time high around $7.80.
Lark Davis shared a similar view, noting the breakout above the long-standing downtrend line. He stated that if SUI holds above the $3.80 zone, Fibonacci levels indicate further upside.
Price action shows the token steadily climbing above recent highs, with ascending support strengthening buyer control. Technical data also shows that SUI is trading above the 20-day EMA at $3.77, confirming near-term trend support.
DeFi Growth and Institutional Backing Fuel Price Outlook
SUI’s total value locked (TVL) reached $2.295 billion at the end of July, according to DeFiLlama, marking its highest level ever. This reflects rapid growth in DeFi adoption across the network, with a 40% rise since early 2025 and a near 400% gain year-over-year.
Institutional interest has also increased. Mill City Ventures raised $450 million, with 98% allocated to SUI acquisitions. The company intends to hold SUI as a primary treasury asset and aims to offer institutional access to the token through Nasdaq exposure.
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