bullish

<h3 id="what-to-know">What to Know</h3>
<ul>
 <li>Ali Martinez identifies an hourly close above $1.27 as SUI’s confirmation signal for a potential fourth breakout from channel consolidation.</li>
 <li>SUI has completed three upward breakouts since September 12, with successive consolidation ranges forming at progressively higher price support levels.</li>
 <li>The chart’s projected path extends toward $1.60, while a sustained decline below approximately $1.10 could weaken the bullish channel setup.</li>
</ul>
&nbsp; 
Crypto analyst Ali Martinez has identified $1.27 as key resistance, with an hourly close above it potentially confirming SUI’s next breakout. <a href="https://x.com/alicharts/status/2105878490864091646" rel="noopener noreferrer nofollow">According to Martinez</a>, SUI completed three consolidation and breakout sequences since September 12, with a fourth channel forming. 
The chart places SUI at $1.18 within consolidation, leaving buyers needing an hourly close above resistance to confirm a breakout. Across preceding weeks, SUI established progressively higher trading ranges separated by consolidation, forming the recurring structure behind Martinez’s bullish assessment. 
Earlier channels near $0.70, $0.80–$0.87, and $0.94–$1.06 preceded upward breakouts into higher trading bands, underpinning the analyst’s bullish outlook. Meanwhile, SUI’s latest channel spans approximately $1.10–$1.27, with price returning toward its midpoint following a retreat from resistance toward support. Despite similarities with earlier consolidations, the fourth setup remains unresolved, with another upward breakout needed to extend the sequence. 
<h2 id="sui-s-hourly-closing-signal-could-open-a-path-toward-1-60">SUI’s Hourly Closing Signal Could Open a Path Toward $1.60</h2>
Martinez requires an hourly candle to close above $1.27 before confirming another bullish breakout from the developing parallel channel. A temporary push above resistance would fail his condition if price retreats below that threshold before the candle closes. 
Additionally, sustained trading above $1.27 would strengthen the interpretation that SUI has established a new range beyond its previous ceiling. A subsequent pullback that holds the level could provide further support for the breakout by establishing former resistance as support. 
Martinez analyzes the broader price structure on a two-hour chart but specifies an hourly close as his confirmation requirement. His assessment therefore uses the channel pattern to identify resistance and the shorter closing period to assess a potential breakout. 
Also Read: <a href="https://36crypto.com/securitize-adds-adi-chain-as-uae-targets-wider-access-to-tokenized-investments/" rel="noopener noreferrer nofollow">Securitize Adds ADI Chain as UAE Targets Wider Access to Tokenized Investments</a> 
Beyond $1.27, the chart’s projected trajectory climbs through approximately $1.40 before extending toward the $1.60 area at its endpoint. Although Martinez does not explicitly name these targets in his post, his chart outlines that possible path following an upward breakout. 
<div class="embed-x">
 <blockquote class="twitter-tweet">
 SUI: NEXT LEG UP STARTS NOW<a href="https://x.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a> has developed an interesting pattern over the past few weeks. 
 Since September 12, the price has repeatedly consolidated inside parallel channels before breaking to the upside. 
 This sequence has already played out three times: consolidation,… <a href="https://t.co/FU6sad6SxJ" rel="noopener noreferrer nofollow">https://t.co/FU6sad6SxJ</a><a href="https://t.co/Md8rt6wWZB" rel="noopener noreferrer nofollow">pic.twitter.com/Md8rt6wWZB</a> 
 — Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2105878490864091646?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 2, 2026</a> 
 </blockquote>
</div>
Measured from $1.27, a move toward $1.40 would represent approximately 10.2%, while reaching $1.60 would amount to roughly 26%. Nevertheless, those potential gains depend on price clearing resistance and sustaining the advance rather than returning inside the channel. 
Conversely, an attempted breakout followed by a <a href="https://36crypto.com/sui-eyes-4-as-ali-charts-flags-golden-cross-following-two-rallies-above-200-gains/" rel="noopener noreferrer nofollow">retreat below $1.27</a> would weaken expectations that another sustained upward move has begun. A sustained decline below the estimated $1.10–$1.12 support area would also challenge the bullish interpretation of the latest consolidation. 
SUI’s potential fourth breakout remains conditional, with Martinez identifying an hourly close above $1.27 as the immediate confirmation signal. Until price meets that requirement, the latest channel represents an unresolved consolidation within the token’s preceding series of upward advances. 
Also Read: <a href="https://36crypto.com/xrp-could-build-toward-23-despite-october-weakness-egrags-chart-suggests/" rel="noopener noreferrer nofollow">XRP Could Build Toward $23 Despite October Weakness, EGRAG’s Chart Suggests</a> 
The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/ali-martinez-identifies-1-27-trigger-for-suis-potential-fourth-breakout/">Ali Martinez Identifies $1.27 Trigger for SUI’s Potential Fourth Breakout</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.

Ali Martinez Identifies $1.27 Trigger for SUI’s Potential Fourth Breakout

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