SUI May Hit New All-Time High Soon : Analysis Reveals**

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Sui (SUI) has recently shown impressive upward momentum, drawing the attention of both analysts and traders.

Over the last 24 hours, SUI has broken out of a significant 105-day downtrend, skyrocketing by 237.5%, from $0.40 to $1.35. With rising trading volume and increased investor confidence, market optimism for SUI’s continued growth is high.

One notable analyst, Bluntz Capital, predicts that the token could reach a new all-time high of $2.60 in the near future. Additionally, SUI has managed to surpass key resistance levels without any major retracements, strengthening its bullish trend.

Advice :

For those eyeing SUI, it is crucial to watch for further breakthroughs of resistance levels, such as $2.18, which could propel the token higher. However, be cautious of a potential short-term pullback to the $1.20 range. Should selling pressure increase, SUI might revisit the $1.00 support zone, around the 50% Fibonacci retracement level. Active traders should remain alert to these key price points and consider their positions accordingly.

Conclusion :

Sui’s recent breakout and impressive 237.5% surge signal strong market interest, and analysts remain optimistic about its potential for reaching a new ATH of $2.60. While the momentum is bullish, caution should be exercised due to the possibility of short-term corrections, making it essential to closely monitor SUI’s price movement in the coming days.