SUI surges past $1, flashing key bullish signal as analysts eye $5 target

SUI briefly topped $1.05, its highest level in four months, before pulling back to $0.95. Analyst Ali Martinez says the Parabolic SAR on the weekly chart has flipped below price, signaling a shift from downtrend to uptrend. He noted this as a major bullish signal after an 83% drop during the bear market. Martinez previously cited Tom DeMark Sequential and SuperTrend indicators pointing to a potential rally toward $1.40. Other analysts, including Lucky and Michael van de Poppe, also highlighted SUI’s strong ecosystem and momentum, with targets ranging from $1.16 to $1.60. Crypto With Gopal pointed to a double-bottom pattern with a neckline near $2.70, projecting a possible move to $5.00 if confirmed.