SUI Breakout Fuels Bullish Momentum Towards $5.16

SUI is breaking out of a descending wedge pattern, a bullish technical signal that suggests potential for further gains. The token’s price has climbed above its key support level at $3.91 and is now approaching resistance around $4.24. Analysts are closely watching for a decisive breakout through this barrier, as it could trigger a sustained upward trend toward the target of $5.16. 0.7% gains in price over the past day indicate the token’s strength, with volumes supporting its upward movement.