Will SUI price hit $3?

Breakout Rally: SUI is showing a strong breakout from a falling channel, which has triggered a bullish rally.
Support & Trendline: Price is finding reliable support at the 50-day EMA and a new ascending support trendline.
Morning Star Pattern: The recent 16.82% jump formed a massive bullish engulfing candle, suggesting a bullish continuation.
Fibonacci Levels: SUI is challenging the 100% Fibonacci level; next targets are set at $3 (1.272) and $4.80 (1.618).
RSI Strength: Bullish momentum is evident as the RSI surpasses the 14-day SMA, approaching the overbought zone.
Rounding Bottom Formation: A completed rounding bottom reversal pattern hints at strong underlying bullish sentiment.
Psychological Resistance at $2: There is a constant struggle to maintain price action above the psychological $2 level, which is crucial for further gains.
Positive EMA Alignment: Daily EMAs (50, 100, 200) are positively aligned, reinforcing the uptrend.
Potential Pullback Zones: In a bearish scenario, the next support levels are near $1.85 at the support trendline and the 50-day EMA at $1.7303.
Volume Surge: A significant uptick in trading volume indicates strong buying interest, further supporting the bullish outlook.