🔎 What’s happening now
Recently $SUI jumped around 9–20% over a short period. The Coin Republic+1
The jump came with increased trading volume — a sign that buyers are returning. The Coin Republic+1
The token seems to have broken out of a “falling-wedge” pattern on charts — a technical formation often followed by upward moves. The Coin Republic+1
⚠️ What to watch out for (risks / uncertainty)
Despite the rally, over the past few months SUI had dropped, and the longer-term trend remains weak. The Coin Republic+1
Some technical indicators (volume support, divergences) suggest the recent spike could be a “bull trap” — i.e. a false breakout. The Coin Republic
Short-term predictions are mixed: some expect a dip to as low as ~$1.35, others see a bounce toward ~$2.28 depending on support holding. Blockchain News+1
