SUI Poised For Breakout: Network Growth and Stablecoin Surge Drive Potential Rally

The SUI token is showing signs of a bullish reversal despite a slight slowdown in the broader crypto market. Following a 2.60% intraday gain, SUI’s price has reached $2.16, breaking through falling wedge support and targeting the key $2.35 Fibonacci level. Technical analysis points to this breakout potential with MACD crossover indicating growing positive momentum.