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TronWeekly

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SUI Bulls Target $3.48 Breakout as Liquidation Volatility Intensifies

  • SUI token trading at $3.30 with a daily volume of $781 million; potential 380% rally indicated by a golden cross pattern on the daily chart.
  • $96 million short positions at risk of liquidation at $3.48, leading to a bullish short squeeze scenario.
  • Key resistance at $4.30, breaking which could drive SUI towards the $5.90 all-time high target.
  • SUI's bullish momentum accompanied by the possibility of a major rally as indicated by technical analysis factors like moving averages and RSI.

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