The altcoin market is picking up steam again, and SUI is back in focus after a solid 9% move today. The token is now trading around $3.79, building momentum after weeks of sideways action. While it isn’t the biggest gainer, the recent price jump has caught the attention of many traders – especially after a viral tweet from top crypto analyst Lau, who has over 1.3 million followers on X.
What set the community on fire wasn’t just her bold prediction – that SUI could eventually replace Solana – but the chart she shared, which paints a convincing picture of what may be forming.
SUI Chart Analysis: Retest. Explosion. Repeat?
The chart Lau posted spans the weekly timeframe and highlights one of the cleanest long-term uptrend structures in the altcoin market right now. According to her analysis, the SUI price has been following an upward-sloping trendline stretching back to July of last year.
What’s especially notable is how each touch of this trendline – referred to as a “retest” – has been followed by a massive price surge.
In the first retest, back in mid-2024, SUI launched into a vertical rally, ultimately climbing over 1,000%. The second retest, which occurred earlier this year, triggered a 122% run-up. Now, we’re seeing a third clean bounce off the same trendline, and Lau believes this could lead to another explosive breakout – this time with a target of $7, or a +186% move from current levels.
The structure of the chart shows consistent behavior: after a retracement, price coils just above the trendline, then builds enough momentum to break out in strong green candles over several weeks. The current setup is mirroring that same pre-breakout energy.
For now, the $7 mark stands as Lau’s target, but the bigger message is clear: if the trendline holds, the rally isn’t over.
Read also: Bitcoin to $664K? This Trader Makes a Shocking BTC Price Prediction
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