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Sui (SUI) Price: Technical Breakout Sets $3.89 Target Following 11.3% Daily Gain

  • SUI broke out of an inverse head-and-shoulders pattern with a price target of $3.89.
  • Grayscale released a report highlighting Sui’s competitive advantages and scalability.
  • Cryptocurrency surged 11.3% to $3.41, surpassing key moving averages and showing strong buyer momentum.
  • DeFi activity on Sui reached $281 million in 24-hour volume with total value locked at $2.6 billion.

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