SUI technical indicators hint at a major price move coming soon. One well-known crypto voice, with more than 78 thousand followers on X shared why he thinks SUI could be headed for significant gains.
Marcus Corvinus, who goes by CryptoBull009 on X, believes SUI has reached a decisive moment. “SUI is at a tipping point… The chart is screaming potential—a bearish wedge on the verge of breaking, a strong retest holding firm and now a game-changing partnership with World Liberty Financial. If momentum kicks in, this could be the start of something huge,” Corvinus shared.
Looking at the SUI/USDT chart, we can see a falling wedge pattern forming. Despite its downward movement, this pattern usually signals an upcoming bullish reversal. The converging trendlines show that selling pressure is fading and a breakout might happen soon.
SUI has already broken out of this falling wedge. Even better for those betting on price increases, SUI successfully retested the old resistance level, which has now become support—a clear sign that the breakout is genuine.
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Building Momentum and Partnership Catalyst
The price is showing stronger bullish momentum as it forms higher highs and higher lows, which is a basic sign of an uptrend. If this continues, SUI could soon test several important resistance levels.
Beyond the technical picture, there’s a fundamental development that could push prices even higher. The partnership with World Liberty Financial that Corvinus mentioned could be a real game-changer for SUI’s growth and adoption.
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Support Levels and Future Projections
Right now, SUI trades well above its historical support level, giving it a solid foundation for future growth. If the current momentum picks up speed, we might see SUI testing the $4.00 resistance and possibly pushing toward $5.00 or higher.
The combination of a confirmed technical breakout and a major partnership announcement makes a strong case for SUI’s potential rise.
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