Overview
- SUI is trading in the mid-$3 range, recently quoted near $3.56 after gains of roughly 3% to more than 5% over the past week.
- Technical analysts report a breakout from a falling wedge on the 12-hour/daily setup, with price now retesting former resistance near $3.52.
- Holding that level as support could open near-term targets at $4.00 and $4.40, according to CryptoPulse’s scenario analysis.
- A failed retest raises the risk of a pullback toward the $3.20 area before any attempt to resume an uptrend.
- Market data shows a market capitalization around $12.73 billion and 24-hour volume above $1.1 billion, while RSI near 57 and an improving MACD suggest neutral-to-bullish momentum.