SUI Breaks $4.29 Barrier Amidst Bullish Reversal Pattern

SUI has surged past the $4.29 mark, driven by a bullish inverse head and shoulders pattern formation. Despite a recent $260M DEX hack on Cetus Protocol, buyer interest near the key support of $3.90 persists, signaling potential upside continuation. The token’s momentum aligns with positive on-chain sentiment as the ecosystem stabilizes following the incident.