SUI Approaches Major Resistance at $4.80 After Daily Chart Breakout
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- SUI targets $4.80 after breaking out of a bullish flag pattern on the daily chart.
- Trading volume hits $1.75B with a 9.35% price gain, boosting market activity and momentum.
- RSI at 62.95 and MACD signals show bullish momentum without overbought conditions.
A bullish flag pattern on the Sui (SUI) daily chart has drawn attention, suggesting a possible breakout that could send the token toward $4.80. In a recent tweet, crypto analyst Carl Moon shared a TradingView chart based on Bybit’s SUI/USDT pair, showing a descending channel that followed a strong July rally.
$SUI is about to pump if it breaks out of this bullish flag to the upside!
— Carl Moon (@TheMoonCarl) July 26, 2025
The target is $4,80Trade #SUI on WEEX — https://t.co/9OSGqK8UTY – NO KYC – Earn 20% Deposit Reward (Up to $30,000 for Whales) + FREE VIP 2 (25% Fee Discount) pic.twitter.com/44SAfW8z0j
According to the analysis, SUI has broken out of this structure, opening the door for a 19.28% upside from the breakout point. The chart covers price action from early June to the end of July, showing $4.80 as the next resistance level.
Market Performance and Trading Activity
As of press time,…
The post SUI Approaches Major Resistance at $4.80 After Daily Chart Breakout appeared first on Coin Edition.
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