SUI token breaks multi‑week triangle, analysts eye 40% rise

The SUI cryptocurrency recently broke out of a multi‑week symmetrical triangle pattern, turning former resistance into support. Analyst Crypto Patel identified an initial upside target of $0.9135 and a secondary target of $1.0628, representing roughly a 40% gain from the breakout zone, with an invalidation level at $0.7359 if the price falls below it.

Other analysts, including Michael van de Poppe, have projected longer‑term price objectives of $5, $8 and $13, noting that SUI’s chart appears “clean” and the token shows early signs of recovery. The token is trading near $0.78, up 1.6% over the past week but still about 86% below its all‑time high of $5.35 set in January 2025. The Sui Foundation disclosed three mainnet outages in May, totaling over 15 hours of downtime due to software bugs, though user funds were not at risk.