• SUI broke past a key technical resistance and gained over 6% as of press time.
• Cumulative delta volumes hinted at a continued bullish run, but spot activity showed signs of cooling.

Sui [SUI] broke above a key bullish flag resistance after experiencing a record-long consolidation period that began back on the 10th of May.

 The break marks a strong technical shift for the altcoin, confirming the bullish structure that many traders and investors had been tracking.

SUI had a 6% daily surge as of press time, confirming its short-term bullish momentum.

The breakout came at a point when overall market momentum looked mixed. However, SUI breaking out above resistance while other altcoins are ranging adds some credibility to its price action.

Such a trend can take SUI up to $4 in the near term.

Buyer dominance on the rise

Adding to the bullish case, AMBCrypto’s analysis of CryptoQuant showed a strong spike in the 90-day cumulative volume delta (CVD).

This highlights aggressive buyer behavior in the spot market, suggesting that demand is outpacing sell pressure.

Historically, these types of CVD trends have been known to precede significant price movements.

The buyer-dominated sentiment is in line with the recent breakout. The technical breakout, coupled with the demand surge, points to a setup for the bullish trend continuation.

Now, it remains to be seen whether SUI’s momentum has the ability to last long enough to break above the psychological $4 level.

Source: CryptoQuant

Short-term caution remains

In spite of the bullish undertones, SUI’s spot volume bubble map showed signs of cooling at press time. This may indicate a slowing market activity despite buyers being in control.

A decrease in spot volumes usually suggests weaker conviction among participants.

This divergence between strong CVD and shrinking volume suggests that SUI may need a new catalyst to maintain its gains.

And if that is the case, a retest of the breakout zone could be in the works before anything serious goes higher.

Investors and traders alike must watch whether buyers continue to absorb selling pressure or if momentum starts to fade.

Source: CryptoQuant

All eyes now are on how SUI behaves in the subsequent sessions.

If bulls sustain the breakout level and volumes resume, the $4 target could become alive earlier than expected.

But if spot interest continues to cool down, temporary consolidation could precede the next wave up.