$SUI is getting closer to a massive breakout

Grayscale officially launches SUI Trust for accredited investors seeking exposure to SUI.

After the news, SUI beats the market with a nearly 20% jump.

Since Raoul Pal mentioned SUI a month ago, the trend has shifted, with SUI now attracting more of the value, and the difference is now substantially in its favor.

SUI just had $83 million worth of token unlocks.

Technical Outlook:

SUI is getting closer to a massive breakout

On the 4-hour timeframe, it's starting to look very interesting as it's trading above 4hema200 and it's now challenging a psychological resistance $1 for the third time.

If it manages to close above $1, SUI could pump to $1.70 to $2 in the coming days.