Sui Price Eyes $1.27 Breakout as Analyst Flags Continuation Pattern
- —SUI gained 2.35% to $1.20 while Bitcoin added 2.79% over the same period
- —Ali Charts flagged three channel consolidations since September 12 and awaits an hourly close above $1.27
- —Sui open interest sits near $930 million after topping $1 billion in late September
- —Transfers of USDsui, USDC, FDUSD and USDY are free at the protocol level on Sui
Why it matters: A confirmed break above $1.27 would validate a fourth continuation move and put the $1.29 swing high in play, though gains may stay short-lived without spot demand.
Source: Blockonomi