The SUI token crossed the $1 psychological level and surged to a four-month high of $1.05, before pulling back to $0.95 per CoinGecko. Analyst Ali Martinez claims the bull market has begun, based on the Parabolic SAR indicator flipping below price on the weekly chart after an 83% drop during the bear market. Michael van de Poppe and Crypto With Gopal project targets at $1.60 and $5.00 respectively. Several analysts highlighted SUI’s defense of the $0.55-$0.60 support zone and a double bottom formation as signs of bullish momentum.
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