SUI Breakout Signals Epic Move to $8 Target
The post SUI Breakout Signals Epic Move to $8 Target appeared on BitcoinEthereumNews.com.
Key Insights: Sui ($SUI) shows bullish breakout potential toward $8 after a significant volume surge. Sui consolidates in an ascending triangle, eyeing $3.80 as the next target before further gains. Sui’s daily trading volume surged 260%, indicating strong market interest and breakout potential. SUI Breakout Signals Epic Move to $8 Target with 260% Daily Volume Surge The cryptocurrency market is closely watching Sui ($SUI) as it approaches a critical breakout point. After showing bullish signs and a surge in trading volume, analysts suggest that SUI could be setting up for an epic move toward an $8 target. This comes after a 260% surge in daily trading volume over the last 24 hours, sparking new interest in the token. Technical Indicators Point to Breakout Sui has been consolidating in an ascending triangle pattern, with the price stabilizing above $3.20. This technical formation suggests that a breakout above key resistance levels could lead to significant upward movement. According to analyst Lark Davis, a breakout above $4 could trigger a price rally toward $8, tracking the coin’s progress. The token’s price has been showing strength, with the lower trendline steadily rising. Potential Breakout | Source: X If Sui manages to break through the resistance at around $4.50, it could confirm the bullish trend. Traders are focused on the $3.20 support level, which has proven strong over the past few days. A 260% Surge in Daily Trading Volume Meanwhile, the recent increase in daily trading volume is another positive indicator for Sui. Over the past 24 hours, the token saw a 260% rise in its daily trading volume. This surge is fueling speculation that a major breakout could be imminent. Analysts believe that such high volume often precedes significant price moves. Sui’s trading volume surge is particularly noteworthy given the broader market conditions. With…
Filed under: News - @ September 23, 2025 11:26 pm