SUI Historic Pitchfork targets $10 at least!

Sui (SUIUSD) has been staging a bounce attempt on its 1W MA50 (blue trend-line) since last week and if the current 1W candle closes in green, it will be the first 2-week green streak of Sui since March 24.

There are high probabilities of a sustainable rebound here, that may very well turn into a strong parabolic rally, similar to those of August - December 2024 and October 2023 - March 2024.

The reason is that the price hit and is staging this rebound attempt on the 0.786 level of the Pitchfork, which is where it started the April 07 2025 rally.

If we repeat the 'shortest' of those parabolic rallies (+492.14%), then we should hit $10.00 at least, which will also test the 0.236 level of the Pitchfork.

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