SUI Ready to Explode? Here’s What Happens NextYello, Paradisers! Is #SUI preparing for a fresh 52-week high? With a powerful pattern breakout and a golden cross in play, this could be the beginning of something big.
💎#SUIUSDT remains one of the strongest-performing altcoins in the current market cycle. The chart structure is now showing a cup and handle formation, paired with a clean breakout above a long-term descending trendline resistance—a combination that typically precedes strong bullish momentum.
💎At this stage, SUI is solidifying a newly-formed support zone between $3.80 and $3.60. If this support continues to hold, bulls are likely to drive price higher toward the $4.20 target, followed by a push into the $5.00 to $5.30 zone. This range marks the first major resistance cluster, as well as the previous all-time high region, and may trigger aggressive short-term profit-taking.
💎However, if bullish momentum remains intact, SUI could continue its rally toward the 127.20% Fibonacci extension level at $6.30. This is where caution becomes essential, as it represents a major technical target where price could stall or reverse.
💎Adding fuel to the fire, SUI has also confirmed a Golden Cross formation on the daily timeframe, with the EMA-50 crossing above the EMA-200. This is a powerful trend reversal signal that often acts as a driving force behind prolonged bullish movements.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
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