SUI Bulls Target $3.48 Breakout as Liquidation Volatility Intensifies

• SUI trades at $3.30 with $781M daily volume; golden cross signals potential 380% rally.
• $96M short positions risk liquidation at $3.48, triggering a bullish short squeeze scenario.
• Key resistance at $4.30; breaking it could propel SUI toward the $5.90 all-time high target.

Sui has recently triggered a golden cross pattern on its daily chart, historically linked with strong rallies. If the Q4 2024 bull fractal unfolds as expected, this could ignite a massive 380% price surge. The bullish signal emerges as Sui’s blockchain growth accelerates with notable user engagement.

Currently, SUI trades at $3.30 with a daily trading volume of $781 million, per CoinMarketCap. A confirmed golden cross encourages optimistic outlooks, suggesting buyers may soon reenter the market. Momentum-driven accumulation could further reinforce the bullish trend and add weight to the ongoing rally attempt