- SUI breaks out above $3.45 with strong volume, confirming bullish continuation toward higher targets.
- Analysts eye $7.5–$9 targets by Q4 if momentum holds and $4.10 resistance is cleared.
- DeFi TVL surge and $2.02B open interest reflect growing confidence and sustained market support.
After months of price compression, SUI has broken out of a descending triangle on the weekly timeframe. The breakout occurred above the key $3.45 resistance level with strong volume. At the time of writing, SUI is trading at $3.71, signaling growing momentum and renewed confidence from market participants.
Breakout Confirms Bullish Continuation Pattern
SUI’s breakout from the descending triangle structure has been confirmed with increased volume, reflecting higher trader participation. According to analysis prepared by Deg_ape, the token broke through the $3.45 level, marking a bullish continuation aligned with prior market structure.
The move follows a series of higher lows since late 2023, adding further strength to the setup. Technical data shows a projected move of over 100%, targeting the $7.5 to $9.0 range before Q4 if momentum holds.
This aligns with observations from Ali Charts, which also points to a $7 target based on triangle breakout projections. While $4.10 remains a short-term resistance zone, long-term targets remain in focus.
Stronger Market Base After Post-Hack Recovery
The recent security breach involving the CETUS protocol led to a sell-off, but also helped remove weaker hands from the market. Since then, SUI has stabilized and built a stronger holder base.
According to an observation by Kabuki, market structure remains bullish, with accumulation evident at current levels and no signs of large-scale exit activity. SUI’s DeFi ecosystem continues to expand. Total Value Locked (TVL) jumped 45% in two weeks, driven by growth in Suilend and the recovery of Cetus DEX.
The increase in open interest, currently at $2.02 billion per Coinglass, shows traders are positioning for continued upside. Funding rates also remain healthy, supporting ongoing bullish sentiment. If SUI breaks above $4.10, analysts believe it could trigger the next leg upward toward double-digit levels by Q4.
