SUI Breaks Above $4 as Analysts Forecast Further Gains Toward $10
SUI, the native token of the Sui blockchain, surged 15% on Saturday to reach $4.23, continuing a month-long rally that’s now up over 62%. The move put SUI among the top-performing digital assets and reignited bullish calls from analysts eyeing a potential breakout toward $10.
The token has gained 13.1% in the past week and 28.7% over the last 14 days, according to CoinDesk data. Saturday’s rally came after nearly 16 hours of consolidation just below the $4 mark, followed by a spike in volume that pushed the token through multiple resistance levels.
Crypto analyst Marcus Corvinus flagged an emerging AB=CD pattern, a technical structure that often precedes sharp continuation moves. He outlined price targets at $5.64 to complete the formation, with potential upside to $6.70 and even $8.00 if momentum accelerates.
“This isn’t just a short-term pump,” Corvinus noted. “The structure suggests we’re at the beginning of SUI’s next major leg higher.”
Another analyst, CryptoBull_360, emphasized a key resistance level around $4.35. A clean break above it, he said, could trigger a run toward $7–$10, citing a shift in market structure and expanding liquidity.
CoinDesk’s technical analysis model highlighted a surge in trading activity, with SUI’s volume peaking at 28.8 million during the 14:00 UTC hour — nearly twice its 24-hour average. The rally established support levels at $3.93, $3.98, and $4.02, confirming sustained buyer interest.
By the end of the trading day, SUI had cleared resistance at $4.10, $4.12, and $4.15 before briefly consolidating near $4.17. In the final hour, it climbed another 2%, reaching its session high.
With clean technicals and accelerating momentum, traders are watching closely for a decisive breakout — one that could push SUI into price discovery territory and validate bullish projections.
