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SUI Price Eyes Major Breakout as Key Resistance Nears, Says Analyst

  • Crypto analyst Michaël van de Poppe suggests that SUI is poised for a breakout after bouncing from a crucial support zone.
  • Van de Poppe points to the $3 resistance level as critical; a close above it could trigger short liquidations and propel SUI towards $4.
  • The chart indicates a potential shift in momentum for SUI, with a reclaiming of a key demand zone setting the stage for an upward move.
  • Traders are closely monitoring SUI's ability to break above $3, which could signal a trend reversal and lead to a short squeeze in the market.

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