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<p>According to analyst Crypto Man, SUI is showing <a href="https://captainaltcoin.com/is-sui-price-getting-ready-for-a-massive-2025/" target="_blank" rel="noopener noreferrer nofollow">promising signs of a bullish move</a> with a well-defined cup-and-handle pattern on its price chart. Crypto Man shared his analysis in a tweet, where he highlighted the structure’s bullish potential and noted the formation of a high-volume bullish candle—a key signal that supports upward momentum.&nbsp;</p>
<p>This classic pattern, known for signaling potential breakouts, could point to a substantial rise for SUI, with the analyst setting a target price of $4. The cup-and-handle pattern has long been regarded as a bullish indicator in technical analysis.&nbsp;</p>
<p>In Crypto Man’s SUI chart, the “cup” shows a rounded consolidation phase followed by an initial rise, then a “handle” marked by a minor pullback. This structure suggests a period of strength following consolidation, providing potential entry points if there’s a breakout.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="624" src="https://captainaltcoin.com/wp-content/uploads/2024/11/UU-1024x624.jpeg" alt="" class="wp-image-580120" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/UU-1024x624.jpeg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-300x183.jpeg 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-768x468.jpeg 768w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-1536x936.jpeg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-2048x1249.jpeg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-246x150.jpeg 246w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-100x61.jpeg 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-574x350.jpeg 574w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU-788x480.jpeg 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/UU.jpeg 1391w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Source: <a href="https://x.com/Crypto_Man03/status/1854877333083033689" target="_blank" rel="noopener noreferrer nofollow">Crypto Man</a></em></strong>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="strong-sui-s-support-levels-and-resistance-zone-observations-strong"><strong>SUI’s Support Levels and Resistance Zone Observations</strong></h2>
<p>SUI’s price action displays strong support around $1.50–$1.60, with multiple tests of this level during the handle formation. This support zone is crucial as it indicates buyer interest, providing a foundation for upward moves.&nbsp;</p>
<p>The resistance level, meanwhile, is located around $2.50. The price has approached this zone severally, and a successful breakout could lead to substantial price gains.</p>
<p>Crypto Man’s analysis also points to a recent bullish candle, which could reduce the likelihood of a deeper correction. As <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">SUI’s price consolidates</a> within the handle, the potential for breakout from the resistance zone grows, as surpassing $2.50 may lead to higher targets.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/heres-why-cronos-cro-crypto-price-is-pumping/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Here’s Why Cronos (CRO) Crypto Price Is Pumping</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-breakout-potential-and-projected-target-strong"><strong>Breakout Potential and Projected Target</strong></h2>
<p>Crypto Man’s target of $4 for SUI aligns with projections from the cup-and-handle pattern. This price target is typically derived by measuring the cup’s depth and applying it from the breakout level. The analyst emphasized that a breakout would confirm the bullish structure and likely lead to <a href="https://www.thecoinrepublic.com/2024/11/08/sui-network-surpasses-ethereum-with-total-transactions-massive-rally-ahead/" target="_blank" rel="noopener noreferrer nofollow">continued upward momentum</a>.</p>
<p>The tweet noted that while a minor dip may still occur, the overall structure remains intact, with a high probability of upward movement. Crypto Man indicated that any short-term pullbacks could serve as prime buying opportunities before a potential breakout above $2.50.</p>
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<p>The post <a href="https://captainaltcoin.com/this-sui-pattern-signals-potential-price-rally-to-4-analyst-prediction/" rel="noopener noreferrer nofollow">This SUI Pattern Signals Potential Price Rally to $4: Analyst Prediction</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This SUI Pattern Signals Potential Price Rally to $4: Analyst Prediction

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