SUI has broken through the long-term downtrend line and wedge pattern, indicating a potential trend reversal after months of consolidation. Analysts point out that this breakout was supported by accumulation and subsequent support, with the price holding above the previous resistance level around $1.20. The key medium-term target is near $4.50, provided that the support level can be maintained. The token is currently trading around $1.82, with market participation increasing.
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SUI has broken through the long-term downtrend line and wedge pattern, indicating a potential trend reversal after months of consolidation. Analysts point out that this breakout was supported by accumulation and subsequent support, with the price holding above the previous resistance level around $1.20. The key medium-term target is near $4.50, provided that the support level can be maintained. The token is currently trading around $1.82, with market participation increasing.