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<ul class="wp-block-list">
 <li>SUI surged 65%, hitting $3.12 with strong trading volume and market cap growth.</li>  
 <li>Key support levels suggest bullish potential, with analysts predicting up to $6.</li>  
 <li>Indicators show sustained uptrend, though overbought conditions may cause short-term pullbacks.</li> 
</ul>  
<p>SUI has taken the spotlight after <a href="https://cryptonewsland.com/sui-gains-10-as-bullish-trends-emerge/" rel="noopener noreferrer nofollow">rallying 65%</a> in just seven days. The price has now reached $3.12, with trading volume hitting an impressive $4.63 billion. This surge boosted SUI’s market cap to $8.87 billion, with 2.8 billion tokens in circulation. Let's analyze if SUI can reach the $6 price target.</p>  
<h2 class="wp-block-heading" id="h-key-levels-and-price-zones">Key Levels and Price Zones</h2>  
<p><a href="https://cryptonewsland.com/sui-nears-ath-targe-breakthrough-or-retest/" rel="noopener noreferrer nofollow">Technical analysis</a> highlights key levels traders should watch. Fibonacci retracement levels pinpoint important support zones. The 0.618 level at $2.092 and the 0.382 level at $1.889 have been labeled “areas to hold,” providing safety nets if SUI experiences pullbacks.</p>  
<p>An additional support level at $1.729 offers a more aggressive entry point for bullish traders. SUI’s climb above these zones suggests the potential for further gains, encouraging a wave of optimism.</p>  
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<p>Popular analyst Van de Poppe believes SUI could reach between $5 and $6 in this current bullish cycle, as the post above highlights. This optimism is fueled by rising trading volumes and strong market sentiment, both of which are essential for sustained growth.</p>  
<h2 class="wp-block-heading" id="h-indicators-show-strong-uptrend-potential">Indicators Show Strong Uptrend Potential</h2>  
<p><a href="https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/overview" rel="noopener noreferrer nofollow">Technical indicators</a> support the bullish case. SUI’s price is now near the upper Bollinger Band, a zone associated with volatility and strong uptrends. Holding above the middle line, which represents the 20-day moving average, suggests sustained buying pressure. However, the Relative Strength Index (RSI) currently sits at 78.35, putting SUI in overbought territory.</p>  
<p>While this reflects strong buying activity, it also suggests traders should prepare for potential short-term dips. The <a href="https://www.tradingview.com/support/solutions/43000501801-aroon/" rel="noopener noreferrer nofollow">Aroon Indicator</a> adds further support to the bullish outlook. With the Aroon Up at 100% and the Aroon Down at 0%, the indicator shows SUI achieving recent highs with no new lows in sight.</p>  
<p>This combination points to a solid bullish trend. In addition, data from DefiLlama shows that SUI’s Total Value Locked (TVL) has climbed to $388.24 million, reflecting growing interest in decentralized applications on the network. The fully diluted valuation (FDV) currently sits at $31.21 billion, hinting at future market potential.</p>   
<p>The post <a href="https://cryptonewsland.com/sui-jumps-65-in-seven-days/" rel="noopener noreferrer nofollow">Sui Jumps 65% in Seven Days, Can SUI Reach $6?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Sui Jumps 65% in Seven Days, Can SUI Reach $6?

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