SUI price reversal targets $3
SUI's bullish momentum is driven by a rounding bottom reversal and a breakout above the psychological $1.30 resistance.
The price is set to challenge the 1.618 Fibonacci level at $3.00, which would result in a 126% price jump.
The impending golden crossover between the 50 and 200-day EMAs reinforces a strong uptrend signal.
The broader crypto market recovery, fueled by the U.S. Federal Reserveโs rate cuts, is further supporting SUI's upward momentum.