SUI Extends Rally, Eyes $10 as Analysts Flag Breakout Potential
Sui’s native token, SUI, climbed 15% on Saturday to reach $4.23, pushing its monthly gain above 60% and leading performance among major digital assets. The sharp move has intensified bullish sentiment, with analysts pointing to strengthening momentum and the possibility of a major breakout.
The rally pushed SUI to its highest level in months, marking a 13.1% weekly increase and nearly 29% growth over the past two weeks, according to CoinDesk data. The breakout above the key $4.00 psychological level was confirmed by a significant surge in trading volume, which nearly doubled the daily average during peak hours.
According to market analyst Marcus Corvinus, SUI is approaching a technical setup that could unlock further gains. “We’re entering a breakout zone,” he said, referencing an AB=CD pattern that signals the potential for a new bullish leg. His price targets include $5.64 to complete the pattern, $6.70 as an acceleration point, and up to $8.00 in a high-momentum scenario.
Another crypto analyst, CryptoBull_360, highlighted resistance just above current levels, suggesting that a confirmed breakout could drive prices as high as $10. “SUI has failed to break this line before, but a clean move above it could open the floodgates,” the analyst wrote.
Technical indicators support the case. CoinDesk Research noted that SUI experienced a clear accumulation phase prior to Saturday’s breakout, followed by a swift surge in volume that reinforced the move above $4.00. The strongest buying activity was recorded at 14:00 UTC, when trading volume peaked at 28.8 million.
Key support formed at $3.93, $3.98, and $4.02, while short-term resistance was cleared at $4.10, $4.12, and $4.15 before a brief consolidation near $4.17. In the final hour of the trading session, SUI added another 2%, closing in on its intraday high.
With clean chart structures, expanding volume, and growing investor interest, analysts say the next move could push SUI into price discovery mode — where upside targets are guided more by momentum than historical resistance.

More Stories
Franklin Templeton added approximately $150 million in tokenized money market fund shares to the XRP Ledger on Friday, with all newly issued tokens sent to a single wallet. Two subscription transactions recorded on Thursday nearly quadrupled the fund’s token supply on the network.
Apex Group CEO Warns U.S. Clarity Act Delay Could Boost Asia and Middle East
a16z Rebrands Crypto Fund as a16z Frontier to Expand Its Investment Focus