SUI’s Breakout Potential: Will $3.20 Support Trigger Explosive Growth?

SUI is poised for a potential breakout with its key support level at $3.20 likely to act as the catalyst for significant gains. A recent partnership with Alibaba Cloud for AI Coding Assistant could fuel this surge, driving it towards the ambitious target of $10 in the long term. Analysts are closely monitoring the critical support zone between $3.15 and $3.20. Despite slight downward pressure over the past 24 hours, SUI maintains a strong market capitalization exceeding $11.8 billion, highlighting its significant potential for growth.