Sui (SUI) Gathers Momentum, Showing Strong Bullish Signals as It Approaches a Potential Breakout

The latest surge in the token's value comes amid a strategic partnership with World Liberty Finance (WLFI), a Donald J. Trump-inspired DeFi protocol

Sui (SUI) is showing strong bullish signals as it approaches a potential breakout. The token has surged by nearly 12% over the past 24 hours, pushing it closer to a key resistance level that could spark a significant price rally.

A partnership with World Liberty Finance (WLFI), a Donald J. Trump-inspired DeFi protocol, is also highlighting efforts to expand the network’s ecosystem and adoption.

As part of its commitment to supporting best-in-class projects in the Web3 industry, World Liberty Finance (WLFI) has announced the addition of SUI to its strategic token reserve.

The partnership will also see the two protocols cooperate on potential product development opportunities to further their presence in the DeFi sector.

“We are extremely excited to partner with World Liberty Finance, a pioneering DeFi protocol, inspired by the great Donald J. Trump, and rooted in a shared vision for a more open and transparent financial world,” announced Sui.

“As part of this collaboration, WLFI will be including SUI in their strategic token reserve. In addition, Sui and WLMPI will be exploring synergies for potential product development opportunities to further both protocols' presence in the DeFi sector.”

This partnership comes as experts believe that the token is gearing up for a major breakout.

Crypto expert Mags highlighted that the token is heading for double-digit prices.

“Still seeing lots of FOMO in SUI. They said it would hit triple digits. I’m not sure about that yet but we are getting there slowly. It’s still in a V shape. SUI dipped below the trendline on the 15m chart but it didn’t close a full candle below support.

“This was a fakeout before a rapid bounce, potentially setting the stage for a V-shaped recovery and a push toward a new all-time high (ATH) from the last swing high.”

Captain Faibik also pointed out that the token is quickly approaching a breakout zone.

“Pay attention to SUI. It’s still in a V shape. SUI dipped below the trendline on the 15m chart but it didn’t close a full candle below support. This was a fakeout before rapid bounce setting the stage for a V-shaped recovery and push toward the new ATH from last swing high.”