SUI hits $5.3097, analysts expect $6.2878

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SUI/USDT has achieved a 30% gain after breaking through the first target of $5.3097, showing strong upward momentum. Analysts predict that SUI may further break through the key levels of $5.7953 and $6.2878 as the market continues to rise.

Strong support drives upward momentum

SUI's gains have benefited from multiple key support levels, especially the $4.8-4.9 area, which has effectively prevented price declines and supported increases on several occasions. Each pullback has attracted a large amount of buying, further enhancing the market's rebound momentum. These historical support levels provide a solid foundation for the current rally and also enhance the confidence of continued gains.

Rising channel guides clear direction

SUI's price action has been guided by a clear rising channel, which clearly marks the support and resistance levels, providing traders with a reliable technical analysis roadmap. The upper limit of the channel corresponds to the next price targets of $5.7953 and $6.2878, further strengthening the bullish outlook. Traders are keeping a close eye on the sustained price levels above $5.3097 to sustain the uptrend.

Future Price Targets

After successfully breaking through $5.3097, SUI's next price targets are $5.7953 and $6.2878, providing traders with significant profit opportunities. With strong support levels and sustained buying demand, SUI is expected to continue to maintain its bullish trend and attract more investor attention.

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