SUI Price Could Reach Double Digits, Predicts Expert – Here's the Outlook

The SUI price continues to show strength despite some swings lately, with analysts pointing to an upward trajectory.

Crypto trader Mags remains bullish on SUI price, predicting a move toward double digits.

SUI price continues to show strength despite some swings lately, with analysts pointing to an upward trajectory.

According to Mags, a breakout attempt could unfold, potentially pushing SUI toward its next resistance levels. Holding above $3.30 is crucial for the uptrend. SUI’s daily trading volume stood at $1.23 billion at press time.suggesting further upside potential as long as SUI holds above the crucial $3.30 support.

Market sentiment and trading volume will play a significant role in determining the next breakout attempt.

SUI Price Key Support and Resistance Zones

The black diagonal trendline, ranging between $2.70 and $3.00, has transformed into a solid support level. A breakdown below this zone could shift momentum, driving the price toward $2.00.

On the upside, the $5.00 level serves as immediate resistance. A break above this point could lead to a price discovery phase, with key psychological barriers at $7.00 and $10.00.

At press time, SUI trades at $3.36, showing a slight decline of 4.85% daily and 3.17% weekly. Despite this short-term retracement, the overall trend remains bullish. The projected price path suggests further upside potential.

SUI Volume and Breakout Potential

SUI’s daily trading volume stands at $1.23 billion, indicating strong market participation.

Elevated trading volume often precedes major price movements, reinforcing bullish momentum. If the current volume persists, another breakout attempt could materialize, potentially pushing SUI toward its next resistance levels.

If SUI maintains support above $3.30, a breakout attempt toward $5.00 appears likely. Clearing this resistance could open the door for further gains, with $7.00 and $10.00 as key targets.

Mags’ confidence in a double-digit move aligns with the technical outlook, provided SUI sustains its bullish structure. The overall market environment will influence whether SUI can achieve this ambitious price goal.

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