SUI Surges on Growing Momentum, with Forecasts Suggesting a Climb to $10

SUI Extends Rally Past $4 as Analysts Eye Potential Breakout Toward $10

SUI, the native token of the Sui blockchain, surged 15% to $4.23 on Saturday, extending its strong multi-week performance and outperforming most major digital assets. The rally has pushed SUI’s 30-day gain to over 62%, with growing technical momentum fueling bullish projections.

According to CoinDesk data, the token is now up 13.1% on the week and 28.7% over the past 14 days. Trading volumes spiked significantly during Saturday’s move, particularly after a breakout above the key $4 psychological resistance level.

Technical analysts flagged several bullish developments behind the surge. Market watcher “Marcus Corvinus” cited an emerging AB=CD formation — a classic chart pattern suggesting symmetrical price moves — as a potential precursor to another major rally. He noted possible price targets at $5.64, $6.70, and even $8.00, should the pattern complete and momentum build further.

“This isn’t just a quick pump,” Corvinus wrote. “It’s the beginning of a structural breakout for SUI.”

Another analyst, known as “CryptoBull_360,” highlighted the importance of clearing resistance around $4.35. A sustained move above that level, he said, could open the path to $7–$10, especially if volume continues rising.

CoinDesk’s technical analysis model confirmed a sharp increase in activity, with peak hourly volume reaching 28.8 million tokens — nearly double the 24-hour average. Short-term support levels have formed between $3.93 and $4.02, while resistance was cleared at $4.10, $4.12, and $4.15.

In the final hour of the session, SUI rose an additional 2%, briefly consolidating just below its intraday high near $4.23.

With strong chart setups, surging volume, and broadening interest, traders are now watching closely to see if SUI can deliver a clean breakout and enter price discovery above previous highs.