Sui (SUI) is exhibiting a bullish fractal pattern reminiscent of Solana's (SOL) pre-breakout phase in 2024, according to CoinsProbe. Despite a recent decline of over 10% amid market weakness, SUI's price is consolidating within a descending triangle, with crucial support identified between $1.71 and $1.91.
Market analysts suggest that if SUI maintains this support range and reclaims the 200-day moving average near $3.27, it could indicate a potential reversal. This scenario might pave the way for a price surge towards $6.80–$7.00. However, the outcome is uncertain due to ongoing market volatility and external influences.
Sui (SUI) Price Pattern Resembles Solana's Pre-Breakout Fractal
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