SUI bullish chart pattern confirmation sets breakout target at $3.89

SUI broke out of an inverse head-and-shoulders pattern, opening the door for a rally to $3.89.

Key points:

SUI broke above a bullish pattern, opening the gates for a potential rally to $3.89.

Bitcoin (BTC) surged to a new all-time high on Thursday, and the bullish sentiment has rubbed off on select altcoins. One such altcoin is Sui (SUI), which rallied 11.3% to $3.41.

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