Witnessed a strong $SUI breakout over the past hours, after it had been trading near the $1.18 level, to now break above the $1.25 mark, achieving a new target.

This rise comes after the formation of strong buying momentum, which pushed the price to break through a resistance zone that had limited its previous moves. The breakout was clean, which increases the likelihood of the upward trend continuing in the short term.

Technically, a break above $1.25 points to a shift in market structure, as traders now await a daily close above this level to confirm the momentum. However, intraday moves remain susceptible to volatility.

Support levels at $1.18 remain pivotal, and any drop below it may invalidate the bullish scenario. In contrast, the next targets are focused on higher psychological levels.

Followers are watching trading volume, since its continued increase will be key to sustaining the uptrend. So far, the indicators support the bullish direction.

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