SUI Jumps 15% to $4.23 as Breakout Momentum Builds Toward $10
SUI continued its sharp upward trajectory on Saturday, climbing 15% to $4.23 and extending its 30-day rally to more than 62%, according to CoinDesk data. The move positions SUI as one of the best-performing crypto assets over the past month.
The surge followed a sustained accumulation phase, with the token consolidating near $4.00 before breaking out early Saturday. Trading volume nearly doubled its 24-hour average, signaling strong market participation. Key support zones emerged between $3.93 and $4.02, while resistance levels at $4.10, $4.12, and $4.15 were decisively cleared.
Analysts now say SUI may be primed for an extended breakout.
Technical analyst Marcus Corvinus pointed to an AB=CD formation — a classic pattern that often precedes strong upward continuation. He laid out bullish targets of $5.64, $6.70, and $8.00, depending on how momentum unfolds.
“This looks like the beginning of a new leg higher,” Corvinus said. “The pattern and volume are aligning for something bigger.”
Fellow analyst “CryptoBull_360” echoed the sentiment, highlighting the $4.35 resistance zone as a critical level to watch. A clean break above that area, he said, could open the door to a push toward $7–$10 in the weeks ahead.
CoinDesk’s technical data confirmed a 14% rise during the 24-hour period ending July 26, with the sharpest price action occurring during the high-volume afternoon session. The final hour saw SUI add another 2%, closing the session near its daily highs.
With strong momentum, favorable technical setups, and rising volume, traders are increasingly eyeing SUI as a breakout candidate headed into August.
