SUI Price Charts Show Signs of Potential For Another 5x Surge

The cryptocurrency SUI is drawing attention once again, with traders closely monitoring a familiar technical setup that could signal another significant price surge. The token’s price appears to be poised for a breakout as it approaches a bullish crossover between its 50-day and 200-day moving averages – a pattern previously observed during a historic 5.5x rally, leading from $1.00 to $5.50. Prominent trader Capo highlighted this on X. He noted the emergence of this same bullish signal, suggesting that SUI’s market structure could be poised for another impressive move.