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TronWeekly

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SUI Breakout Imminent as Price Coils Near 2.90

  • SUI is currently trading at $2.90, coiling near key resistance with rising volume and a market cap of $6.80 billion.
  • Technical indicators suggest a mild bullish bias, with the price above 5 and 60-period moving averages on the 4-hour chart.
  • A breakout above $3.00 could lead to a sustained rally, while a failure to hold $2.85 may result in a retest of $2.70–$2.60.
  • The market sentiment for SUI is neutral, with analysts divided on a potential breakout, but technical indicators and increasing volume hint at an imminent major move.

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