SUI Price Eyes 30% Surge After Bullish Divergence
SUI confirms hidden bullish divergence with a potential 30% rally toward $5.26 before further breakout.
- SUI confirms a hidden bullish divergence on the chart.
- Price could climb nearly 30% to test the $5.26 resistance zone.
- Momentum suggests further upside beyond $5.26 is possible.
SUI has caught the market’s attention once again, this time for a technical signal that could drive a significant price rally. The token has confirmed a hidden bullish divergence, a classic pattern often signaling strength in an uptrend. Traders and investors are now watching closely as this setup points to a potential 30% upside, with the next major target around the $5.26 mark.
Hidden bullish divergence occurs when price makes a higher low while momentum indicators like the RSI make a lower low. This suggests that while selling pressure appears to increase, the market is still respecting the uptrend — often a sign that bulls remain in control.
In SUI’s case, this pattern has historically preceded strong moves, and the current setup supports a rally continuation.
Targeting $5.26 and Beyond
The projected price target of $5.26 comes from a combination of Fibonacci extensions and previous resistance zones. If momentum sustains, SUI could test this level in the short term. The path above $5.26 may open the door to even higher valuations, especially if market sentiment remains bullish.
Technical traders will be eyeing volume spikes and breakouts from trendlines as confirmation signals. Short-term pullbacks might occur, but they are likely to be viewed as buying opportunities within this bullish structure.
Caution and Market Conditions
While the indicators look promising, crypto remains volatile. External market news, Bitcoin’s movement, and macroeconomic conditions could still influence SUI’s trajectory. However, the confirmation of this SUI hidden bullish divergence gives technical traders a clear bullish bias for now.
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