The altcoin SUI has experienced a surge of 17.57%, breaking through the $3.64 resistance level. This price increase has helped the altcoin reach a market cap of $10.99 billion. The rally is approaching a new all-time high above $4, and technical indicators suggest increased buying pressure, increasing the likelihood of reaching this milestone. The breakout rally has also caused the 50-SMA line to approach a crossover with the 100-SMA. If the breakout rally continues, the immediate resistance levels are at $4.467, offering an upside potential of nearly 20%. However, there is dynamic support from the 50-SMA line at $3.45 and the 200-SMA line near the $3.00 psychological mark, which could absorb any increase in supply.



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