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Sui (SUI) is drawing renewed market attention after staging one of its strongest breakouts in months, rising sharply at a time when most large-cap altcoins remain range-bound. Related Reading: Bitcoin And The 2026 Fed Shift: Expert Says Markets Aren’t Ready The latest 31% surge was triggered by a series of developments that converged within days, most notably Coinbase’s approval to offer SUI trading to New York residents, a move that places the token inside one of the most heavily regulated crypto markets in the U.S. The rally also arrived immediately after one of the largest token unlocks of the month, an event that would normally dampen prices but instead saw buyers step in with force. SUI's price trends to the upside following a steep decline as seen on the daily chart. Source: SUIUSD on Tradingview New York Listing Boosts Liquidity and Institutional Demand SUI surged between 25% and 32% over the past 24 hours after Coinbase confirmed that New York residents can now buy and trade the token across its web and mobile platforms. The approval extends SUI’s reach into one of the most tightly regulated U.S. markets, strengthening its profile as a compliant layer-1 network and increasing accessibility for institutional investors. The listing comes at a notable time. On December 1, SUI unlocked approximately $82–86 million worth of tokens, increasing circulating supply by more than 0.5%. Large unlocks typically pressure prices, but SUI moved higher instead, signaling strong demand absorption. Trading volume has more than doubled, hitting roughly $1.5 billion, levels analysts say indicate genuine accumulation rather than short-lived speculation. The launch of USDsui, a fiat-backed stablecoin designed for payments and DeFi use across the Sui ecosystem, also contributed to renewed interest. Combined with Coinbase’s expansion, these developments have strengthened confidence in Sui’s broader market positioning. SUI Technical Indicators Point to Momentum Shift Price action shows that SUI recently rebounded from November’s lows near $1.12, climbing above the $1.60 support zone. Indicators such as RSI and MACD now suggest easing selling pressure and a potential shift in short-term momentum. Analysts note that breaking above the mid-Bollinger Band near $1.90 would confirm a broader trend reversal. SUI has also moved above the Keltner mid-band for the first time in weeks, with volume delta readings showing strong spot-market buying. The next major resistance sits between $1.80 and $1.95, followed by a wider zone extending to $2.30. A decisive close above $1.92 is viewed as critical for invalidating November’s downtrend. Rally Depends on Volume Holding Market watchers say the current rally hinges on sustained demand. If daily volume remains above $1.5 billion and price holds the $1.60–$1.67 support zone, institutional participation could continue to push the token higher toward the $1.90 level. Related Reading: $93K And Climbing: Analysts Say Bitcoin’s Push To $100K Has Begun However, weakening volume or a drop below $1.48 may signal that SUI has formed a local top. For now, sentiment remains constructive as the token benefits from increased U.S. accessibility, improving technical signals, and expanding ecosystem activity. Cover image from ChatGPT, SUIUSD chart from Tradingview

SUI is currently navigating high-risk territory, positioned in what analysts identify as Wave 4 of a larger, incomplete bearish sequence. While this move is reaching its exhaustion point, the market is poised for a final, decisive action: either a confirmed reversal that breaks the current corrective structure, or a drop into the anticipated Wave 5 to complete the full downside pattern. Key Bounce at 1.41: SUI Tests Critical Extension Support According to a recent update by More Crypto Online, SUI is currently bouncing from the 100% extension at $1.41, a zone that has consistently served as an important area of support. This reaction marks the first meaningful attempt by buyers to halt the recent downside pressure. Related Reading: SUI Silent Comeback: The Underdog Preparing For A $20 Charge From here, price is now approaching a major resistance region between $1.68 and $2.21, which is the expected zone for a potential wave 4 bounce. The analyst notes that wave 4 retracements often vary significantly in depth. Therefore, SUI may need room to fluctuate within this entire range before establishing a clearer direction. A decisive break above the $2.21 level would be a significant technical signal. Such a move would suggest that SUI has completed all 5 impulsive waves to the upside, increasing the probability that a more substantial market bottom may already be in place.  For now, More Crypto Online emphasizes that the downside structure still appears incomplete, meaning the broader corrective move could resume if SUI fails to push above resistance. The recent bounce, while constructive, has not yet reversed the macro structure. This outlook also aligns with the behavior of Bitcoin, which currently hints at the possibility of another low forming after a 3-wave corrective rebound. Such a scenario supports the idea that SUI could still have one more downward leg to finalize a full corrective pattern before a stronger recovery can begin. Wave 4 Takes Shape As SUI Approaches Critical Resistance Zone The analyst further explained that the current movement on the SUI chart is being viewed as a potential wave 4 within a larger C-wave decline. Since a complete C-wave requires a full five-wave structure, the chart is missing one more low before a more reliable bottom can form. This interpretation remains consistent unless price action proves otherwise. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? He added that if SUI produces a distinct rejection or reversal within the key resistance zone, it would strongly suggest that wave 4 has reached its peak. Should that confirmation appear, the outlook will be updated to reflect the expectation of a final wave down to complete the structure. Featured image from Shutterstock, chart from Tradingview.com

In a latest update, BeLaunch posed the high-stakes question: Could SUI really reach $20 in the next bull cycle? After getting hit hard during the October 10 flash crash, SUI is starting to show strength again, and the charts are now painting a very interesting picture that could signal the beginning of a major turnaround. Potential Scenarios For SUI BeLaunch recently outlined two possible scenarios for SUI’s next move, each with distinct probabilities and implications. According to the analysis, the token is currently at a critical juncture, where its next few moves could determine the broader market‘s direction. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? In the primary scenario, which carries an 8/10 probability, SUI is testing a crucial breakout above the red dashed resistance line. Wave (2) appears to have completed its cycle, setting the stage for Wave (3) — typically one of the most impulsive moves in the Elliott Wave structure. A confirmed breakout at this level could propel SUI toward new highs. The alternative scenario, rated at a 3/10 probability, suggests that the current price structure could remain corrective. In this case, SUI may form an alternative X wave near the $5.37 region before extending into another corrective phase (Alt Y). Although less likely, BeLaunch noted that traders should still monitor this possibility closely. Technical and On-Chain Alignment Suggests Market Bottom Nearing According to BeLaunch, on-chain fundamentals for SUI are showing early signs of recovery, despite broader market attention remaining elsewhere. The data reveals that Total Value Locked (TVL) has been holding firm around $1.4 billion, though the analyst notes that a move above the $2 billion threshold would mark a more decisive shift in momentum. At the same time, Daily Active Users (DAU) have been climbing gradually, now sitting near 900,000. Related Reading: Analyst Says SUI Price Could Be Heading To $9: 4 Reasons Why BeLaunch noted that despite this encouraging on-chain behavior, SUI’s price remains lagging, a common indicator of a classic accumulation phase. During such periods, investors often underestimate the asset’s underlying strength while long-term players quietly position themselves ahead of a potential breakout. Historically, SUI has shown a tendency to rally within two to four weeks after both TVL and DAU metrics begin trending upward. If this pattern repeats, it could signal that SUI is currently in a quiet accumulation window before a stronger move to the upside. This alignment between historical behavior and present data gives a subtle yet compelling bullish undertone. Overall, BeLaunch emphasized that the technical and on-chain setup appears robust. Fundamentals are stabilizing, momentum indicators are shifting, and WaveTrend signals are flashing a bottom below 40. If the current trend persists, SUI could soon emerge from consolidation and enter a new bullish phase. Featured image from Adobe Stock, chart from Tradingview.com

Amid a new wave of economic tensions between the US and China, Sui (SUI), alongside other cryptocurrencies, has experienced a heavy price decline in the past few hours as investors move their capital into more stable assets. Despite this mayhem, prominent market analyst Ali Martinez is backing SUI’s bullish potential, projecting the altcoin to establish a new all-time high before 2025 ends. Related Reading: Bitmine Receives 23,823 Ethereum From BitGo As Institutional Accumulation Continues SUI’s Path To $7  In an X post on October 11, Ali Martinez shares an in-depth market analysis indicating that SUI may be on the verge of a major breakout. Notably, the daily SUI/USDT chart reveals a tightening price pattern, suggesting an impending significant price upswing provided the cryptocurrency can achieve a breakout from its current consolidation range. Based on Martinez’s analysis, SUI is forming a symmetrical triangle pattern that has been developing since early 2025. This structure is typically characterized by converging trendlines, representing lower highs and higher lows, which reflect a period of declining volatility preceding a decisive price move.   According to the chart above, a confirmed breakout above the $3.59 (0.618 Fibonacci retracement level) would trigger a sharp bullish wave. The projected path, based on Fibonacci extension targets, places potential resistance points around $4.25 (0.786 Fibonacci extension), $5.28 (1.0 Fibonacci extension), and ultimately $6.97 (1.272 Fibonacci extension) – $7.00. Therefore, this move could represent a 100% market gain on current SUI  prices. However, investors should also note that a failed breakout or rejection near the upper boundary could lead to renewed weakness. A dip below the $3.18 (0.5 Fibonacci) level would invalidate the bullish setup and expose SUI  to potential declines toward $2.82 or even $2.44. Related Reading: LTC Price Soars 11% to $129: Analysts Eye $135 Breakout as ETF Approval Buzz Grows SUI Market Overview At the time of writing, SUI trades at $2.67, reflecting a steep 24.74% decline over the past 24 hours. Meanwhile, daily trading volume has surged by 295%, signaling heightened market activity as traders react to the sharp selloff. On the broader time frame, SUI has lost 27.85% over the past week, extending its bearish momentum. The downturn in SUI mirrors the broader crypto market, which has reacted sharply to recent geopolitical developments. Markets tumbled after US President Donald Trump announced plans to impose a 100% tariff on Chinese goods, a move framed as retaliation against China’s reported intentions to introduce sweeping export controls on a wide range of products. In the aftermath of the announcement, the global cryptocurrency market has dropped 9.75% in the past 24 hours, with total market cap now hovering around $3.75 trillion. Featured image from Pintu, chart from Tradingview

SUI is currently poised at a pivotal crossroads, with its price action revolving around the key resistance level of $3.52. With momentum building, this crucial juncture has captured investors’ attention, as a sustained breakthrough could signal the beginning of a significant upward surge, and failure to do so may indicate a loss of momentum. SUI Maintains Strength At $3.52 With Fresh Gains In a recent post, crypto analyst BitGuru revealed that SUI is demonstrating notable strength in the market. At the time of the post, SUI was holding firm at the $3.48 level, having already secured a respectable 3.1% gain, a direct result of the asset bouncing back from its recent lows. Related Reading: SUI Breakout Structure Builds – Can The Bulls Push Past $3.50? Bitguru further highlighted that SUI’s momentum is not erratic but steady, signaling that buyers are firmly in control of the price action. This consistency is a key technical indicator, suggesting that the current upward trend has a solid foundation and is not simply a temporary spike.  Looking ahead, BitGuru emphasized that the next critical point for SUI is the $3.52 resistance level, which SUI has now claimed. Meanwhile, a successful close above this price point is expected to trigger the next significant upward movement for the asset. This breakout would confirm the bullish momentum and reinforce the positive long-term outlook for SUI. Retest In Focus: Can Bulls Secure The Breakout? CryptoPulse, a prominent analyst, has provided an updated technical analysis of SUI’s price action, highlighting a key bullish development. According to the post, SUI has successfully broken out of a daily falling wedge pattern on its 12-hour chart. This is a significant event, as a falling wedge breakout typically signals a potential trend reversal from a downtrend to an uptrend, indicating that sellers are losing momentum and buyers are gaining control. Related Reading: SUI Price To $7? Analyst Predicts Altcoin’s Path To New ATH Following the breakout, SUI is now engaged in a crucial retest of the zone that previously served as resistance. In a classic “resistance-turned-support” scenario, the price is now testing this former ceiling to confirm it as a new floor, a trend that will likely dictate the asset’s short-term trajectory and confirm the validity of the breakout. Furthermore, CryptoPulse outlines two distinct scenarios based on the retest. If SUI can successfully hold this new support level, it would validate the breakout and set the stage for a continuation of the upward momentum, with the next potential price targets at $4.00 and $4.40. However, if SUI fails to hold the retest and falls back below this key level, it could trigger a deeper pullback, with the price retracing to the $3.20 area before any potential continuation of the uptrend. Featured image from Adobe Stock, chart from Tradingview.com

After a period of consolidation, SUI’s price action has finally tightened, forming a bullish structure that has analysts on high alert. With a clear foundation for an upward move now in place, all eyes are on the pivotal $3.50 resistance level. Presently, speculations are whether the bulls can summon enough momentum to push past this key hurdle, potentially unlocking a new phase of growth for SUI. Market Structure Strengthens For The Next Wave Up CryptoPulse, in his recent SUI analysis posted on X, highlighted how the token tapped perfectly into the $3.30 support zone. As anticipated, buyers quickly defended this zone, stepping in with strong momentum that signaled the market’s readiness to shift upward. This reaction not only confirmed $3.30 as a critical support level but also reinforced the growing confidence among bulls. Related Reading: SUI Bulls Target $3.50 After A Breakout From This Key Chart Pattern He explained that the strong bounce from this support has allowed him to position long, with the expectation of riding the next wave of upward momentum. The renewed upward pressure suggests that traders and investors alike are beginning to align with the bullish narrative. If this momentum sustains, SUI could continue building a healthy structure, forming the foundation needed for higher price targets. Looking ahead, CryptoPulse stated that his targets remain set above the $5 mark, underscoring the potential for significant upside if the breakout structure plays out as anticipated. With such a bullish move, SUI could be on track for one of its strongest rallies in months. SUI Recovers From Major Support Zone BitGuru, in an update on X, pointed out that SUI was trading around the $3.28 mark at the time of the post. This comes after the token managed to recover from recent lows where it tested a major support level, showing resilience from buyers who stepped in at a critical point.  Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible He explained that the ability of buyers to sustain this momentum will be key to shaping the next move. If bullish pressure holds steady, SUI could advance toward the $3.50–$3.55 resistance zone, an area that may serve as the next major test for the market. A successful breakout above this range could strengthen the case for a broader upside rally. On the other hand, BitGuru stressed the importance of the $3.20 level, which is acting as a key downside protection zone. Should the price fail to maintain strength above this threshold, it would expose the market to renewed selling pressure. However, the market sentiment presently appears cautiously optimistic as SUI continues to hold its recovery momentum. Featured image from Adobe Stock, chart from Tradingview.com

In a significant move for the SUI market, bulls have successfully broken out of a key technical chart pattern, setting their sights on the next major resistance level at $3.50. This breakout signals a shift in momentum, as the price action re-establishes a clear upward trend. Technical Setup Signals Room For Further Upside Crypto VIP Signal, in a recent update on X, highlighted that SUI has sustained its bullish momentum exactly as anticipated, successfully breaking out of the falling wedge pattern. This breakout is a strong technical signal often associated with trend reversals, suggesting that the token has shifted from a period of consolidation into a phase of renewed upward strength. Such a move indicates that market sentiment is leaning toward optimism, with buyers steadily reclaiming control. Related Reading: 20 Million New SUI Tokens Push Treasury To New High – Details The update further explained that following the breakout, SUI retested the support line, a critical step in confirming the validity of the breakout. Holding this support level firmly not only reinforces the bullish structure but also builds a stronger foundation for future gains. This development underscores the resilience of SUI’s price action, as it demonstrates the ability of the market to absorb selling pressure while maintaining upward momentum. Looking ahead, Crypto VIP Signal pointed to $3.50 as the next key resistance level that traders and investors should keep an eye on. If this level is broken, it would likely attract more buyers into the market, creating the conditions for SUI to extend its upward trajectory and establish new short-term highs. SUI Indicators Align For Potential Upside Continuation Adding to the growing bullish outlook for SUI, Gemxbt recently emphasized in a post that the token is showing signs of a strong reversal. The analysis revealed that SUI’s price has crossed above both the 5-day and 10-day moving averages, which strengthens the case for continued upward pressure in the near term. Related Reading: SUI Holds The Line: Rounded Bottom Hints At 13% Breakout Setup Resistance is currently positioned near $3.35, a zone that will play a pivotal role in determining whether SUI can maintain its bullish breakout. On the downside, strong support is established around $3.20, serving as a safety net in case of short-term pullbacks. Holding this support will be essential for sustaining market confidence. In addition to these key levels, momentum indicators are also aligning with the current bullish narrative. The RSI has begun rising from oversold territory, signaling renewed buying interest, while the MACD has confirmed a bullish crossover. Together, these technical signals suggest that SUI could be gearing up for another upward push, with momentum building toward testing and possibly breaking above the next resistance barrier. Featured image from Adobe Stock, chart from Tradingview.com

SUI is showing signs of strength as it defends the $3.50–$3.60 support zone, carving out a rounded bottom formation. With bullish momentum slowly building, the altcoin eyes a potential 13% breakout toward $4.60 if the setup holds. SUI Holds Firm At $3.60: Signs Of Early Recovery Emerge According to a recent X post, analyst Gemxbt shared his perspective on SUI’s 1-hour chart, pointing to signs of a potential recovery after the market found footing at the $3.60 support level. According to Gemxbt, the price has managed to stabilize, currently consolidating around $3.64, which suggests that buyers are beginning to show interest after the recent dip.  Related Reading: SUI Set Up For Another Leg? Analyst Forecasts $10 Target For Potential Breakout Gemxbt further highlighted the moving averages, noting that the 5MA has crossed above the 10MA, a signal often associated with the early stages of bullish momentum. Adding to the technical picture, the Relative Strength Index (RSI) has settled around the neutral 50 zone, reflecting a balance between buying and selling pressure. This signals that the market has yet to tilt decisively in favor of the bulls or bears, leaving room for volatility as traders wait for direction.  Finally, he noted that the Moving Average Convergence Divergence (MACD) had recently shown a bullish crossover, another encouraging sign of upward momentum. However, he cautioned that volume remains low, which makes it premature to call this a confirmed trend reversal. For now, the setup looks constructive, but further confirmation is needed before declaring that a stronger rally is underway. Rounded Bottom Formation Strengthens At $3.50–$3.55 Zone In his recent 4-hour chart analysis posted on X, Ascend.sui drew attention to SUI’s current price structure, noting that the token is shaping a rounded bottom around the $3.50–$3.55 zone. This level has historically acted as a strong demand area, making it a critical foundation for any bullish momentum to build from. Related Reading: Crypto Bears In Control: SUI Below Key MAs, FARTCOIN Forms Lower Lows—What’s Next? He explained that if this base continues to hold, it could serve as the launchpad for a significant upside move. Based on his projections, a recovery of more than 13% is possible, bringing its price near the $4.60 mark by late August, roughly within the next six days. Ascend.sui also emphasized the strength of the bullish setup, describing it as a “stealthy formation” that could catch traders off guard. Still, he cautioned that confirmation is key.  For the pattern to fully validate, SUI would need to reclaim the $3.70 level with conviction. Once that level is cleared, the breakout thesis gains stronger credibility, opening the path toward higher price targets. Featured image from Adobe Stock, chart from Tradingview.com

SUI is currently sitting in a prime “sweet spot,” where key structural support meets the VWAP average. This alignment establishes a robust technical foundation, indicating a potential breakout as buyers step in at this critical level.  Key Support Level Near Aligning With VWAP Average In a post on X, CryptoPulse drew attention to SUI’s recent price action, noting that the token has pulled back into what is described as a “sweet spot” for potential buying opportunities. The price recently touched the VWAP (Volume Weighted Average Price) and is currently sitting directly on a critical structural support level around $3.50.  Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible This zone has been a key area of interest for the analyst, who has been patiently waiting for SUI to reach this level before stepping in. The convergence of the VWAP and structural support creates a favorable setup that often precedes strong upward moves.  Fundamentally, SUI is also gaining increasing recognition and traction within the cryptocurrency ecosystem. The project’s growing presence, combined with solid chart structure, reinforces the possibility of substantial upside potential over the coming weeks and months. Currently, the analyst is actively averaging into their position, setting an initial target at $5. However, they remain optimistic that this setup can extend much further if momentum continues to build and key technical levels are broken. With both technical and fundamental factors converging, CryptoPulse views SUI as a project worth watching closely for possible significant gains ahead. SUI Chart Shows Promise, But Setup Needs Confirmation Sharing additional insights in a separate post, AlgoCats highlighted that SUI is currently showing a very promising chart setup. The analyst noted that while the structure looks favorable, they are waiting for a more defined formation to develop, which would offer a clearer signal for a long position before considering an entry point. Their target is a key resistance zone that has seen multiple wicks and a previous fake breakout, marking it as a critical level where price action could accelerate. Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target This resistance zone is central to their trading plan, as it could act as a springboard for a potential breakout if approached with the right setup. However, AlgoCats emphasized that patience is key, and they intend to wait for confirmation before making any move. Until that confirmation arrives, the focus remains on observing how SUI behaves around current levels. AlgoCats is prepared to act, but only when the chart provides a clean and confident signal for entry. At the time of writing, SUI was trading at $3.54, demonstrating a nearly 3% increase in the last 24 hours. Its trading volume has increased significantly by more than 33% in the past day. Featured image from Adobe Stock, chart from Tradingview.com

Crypto markets are under pressure as bearish momentum tightens its grip on several altcoins. SUI continues to slide below key moving averages, signaling sustained weakness, while FARTCOIN extends its downtrend with a series of lower lows and highs. With both assets nearing critical support levels and momentum indicators flashing warning signs, a bounce is coming, or downside could be imminent. Bearish Momentum Builds As SUI Trades Below Key Moving Averages In a recent post, Gemxbt highlighted that SUI is currently locked in a downtrend, with the price trading below its 5, 10, and 20-period moving averages. This alignment of short-term averages below the current price level signals sustained bearish momentum, as sellers continue to dominate market activity. Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible Adding to the cautious outlook, the Relative Strength Index (RSI) is hovering near oversold territory, which often indicates weakening selling pressure. While this suggests that SUI could be due for a short-term bounce or relief rally, it is not yet a strong reversal signal on its own.  The Moving Average Convergence Divergence (MACD) indicator remains firmly in bearish territory, reinforcing the idea that downward momentum may persist in the near term. The lack of a bullish crossover or divergence in the MACD lines suggests that sellers still have the upper hand. Gemxbt pointed out that the key support level to watch is around $3.92. A drop below this level could accelerate the decline, while a rebound from it, especially with a noticeable increase in volume, might indicate a shift in sentiment. Until such a volume-driven move occurs, the overall trend remains downward. Bearish Structure Intact As FARTCOIN Forms Lower Lows And Highs According to Gemxbt in another post, FARTCOIN is currently exhibiting a bearish market structure, characterized by a series of lower highs and lower lows. This pattern points to sustained selling pressure, with bears firmly in control of the price action for now. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77 Fartcoin’s RSI is approaching oversold territory, which could indicate that the asset is nearing a point where a short-term bounce or relief rally might occur. However, while the RSI hints at a possible rebound, it does not yet confirm any shift in the prevailing downtrend. Meanwhile, the MACD continues to reflect bearish momentum, with no signs of a bullish crossover. This reinforces the broader downtrend and suggests that any potential bounce may be limited unless momentum indicators begin to shift more favorably. The analyst went on to state that key support is currently identified around the 0.0003500 level, while resistance lies near 0.0004500. A decisive break of either of these levels could determine the next significant move for FARTCOIN. Featured image from Adobe Stock, chart from Tradingview.com

SUI is positioned for further upside, and backed by technical momentum and solid volume support. However, maintaining the price above the key moving averages will be crucial for the continuation of this bullish run. Volume Spikes Confirm Breakout Strength According to Gemxbt’s post on X, the SUI 1-hour chart is showing a strong uptrend, with the price trading above the 5, 10, and 20-day moving averages, which is a sign of short-term momentum and sustained buyer strength.  Related Reading: SUI Prints Classic Reversal Setup With Triple Top Formation The Relative Strength Index (RSI) is approaching overbought territory, which warns of a potential short-term pullback and suggests that traders should be cautious of a temporary pause as the market digests recent gains. Meanwhile, the Moving Average Convergence Divergence (MACD) is bullish with a widening gap between the MACD line and the signal line. This expansion often precedes continuation in trending markets and confirms that momentum is accelerating. Trading volume has increased notably alongside price movement. The rising volume during an uptrend suggests that the move is a genuine market participation. Analyst LORD ATU also stated that SUI is trading at $2.90 on the daily chart, with a solid 9.69% weekly gain, and showing clear signs of bullish momentum. The price action falling wedge pattern is typically a bullish continuation signal with a potential target at $3.20, and if confirmed with volume, a breakout will follow through. However, a bearish head and shoulders formation is also beginning to emerge, which is signaling a potential drop toward the $2.30 support zone, which is a level of prior structure and support. LORD ATU noted that the key levels to watch out for are the support at $2.88, which is a crucial short-term floor that must hold to maintain the uptrend, and resistance at $3.15, where a clear break could trigger momentum higher. The SUI ecosystem growth looks strong, with increasing development activity and solid fundamentals. However, an upcoming token unlock could introduce fresh supply pressure and volatility.  Momentum Accelerates After Consolidation Phase Another Analyst, Profit Demon, also mentioned on X that SUI has completed a bullish flag pattern breakout on the 3-day chart, which is signaling a shift in market sentiment after a period of consolidation. This continuation pattern often marks the end of sideways movement and the resumption of an existing uptrend. Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target The upward momentum is building after the consolidation phase, which supports the increased buying interest and favorable market conditions. SUI trading at $3.51 on the daily chart | Source: SUIUSDT on Tradingview.com Featured image from iStock images, chart from tradingview.com

SUI is moving decisively on the chart, breaking through key levels with rising momentum, signaling a shift in sentiment and renewed bullish interest. With volume picking up and structure turning clean, SUI could be setting the stage for a move if this momentum holds. Immediate Targets In Sight — But Can SUI Push Further? In an X post, crypto expert and moderator, Tinkerbell, shared an update that SUI has broken decisively above the $3.00 mark, surging to $3.08 and notching a 9% gain on Thursday, July 3rd. The price action reflects a breakout on the chart, which shows strong momentum, is backed by rising volume and steady buying pressure, signaling that bulls are firmly in control. Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target If this strength continues, Tinkerbell highlights the $3.25 as the next immediate target, followed by the $3.50 level, both levels could act as stepping stones for further upside. Another analyst, Professor, mentioned that SUI has come alive on the charts, and it’s pumping. With a sharp 11.08% gain in the past 24 hours, the token is currently trading at $3.02, marking one of the strongest day performances across the market. SUI broke through the key resistance level, a zone that had capped upside momentum for weeks. This breakout arrived quietly, with strong bullish momentum, increased volume, and a shift in sentiment that now favors the bulls. Professor also highlighted in another X post that a textbook bullish reversal for the SUI 1-hour chart. After finding strong support around $2.65, the price began forming a series of higher lows, signaling a clear shift in momentum. The structure, paired with rising volume, pointed to growing buyer confidence. This setup led to a breakout, with SUI blasting through short-term resistance at $2.90 and reaching as high as $3.04. This move established a new high, signaling the potential start of a sustained uptrend. Momentum Indicators Point To A Cautious Climb SUI shows a gradual uptrend on the daily chart, currently trading at $3.02. Cleanwater, a crypto analyst, pointed out that after touching lows near $2.50 in late June, the price has steadily climbed, forming a series of higher lows and attempting to establish a recovery pattern. Related Reading: Sui (SUI) Eyes Breakout With Bullish Dual Pattern: Is A Rally To $27 On? The Relative Strength Index (RSI) sits at 52.94, suggesting neutral momentum, placing SUI in the middle of the momentum range between overbought and oversold. Meanwhile, the MACD shows bullish divergence, indicating possible strength building on the surface that is not yet at the breakout levels. SUI key resistance is around $3.50, which will be a crucial level to clear if bulls want to sustain upward momentum. On the downside, $2,80 is a support zone that needs to hold for this recovery structure to remain intact. Market expert Trade4ddict also noted that SUI has confirmed an ascending triangle breakout on the 4-hour chart, showing a continuation of bullish momentum. After a brief retest, price action has turned green with trend bars painting a promising picture for the days ahead. The analyst stated that the chart looks very bullish, and he has entered a long position targeting the $3.74 level, which aligns with previous highs and offers a clean objective if this bullish wave continues. Featured image from AdobeStock images, chart from tradingview.com

SUI has recently exhibited a classic reversal pattern, forming a well-defined triple-top formation on its price chart. This technical setup often signals a potential shift from bullish to bearish momentum, as repeated attempts to break a resistance level falter. Traders and investors are now closely watching to see if this pattern will trigger a downward correction or if the bulls can regain control. SUI Weakens After Forming Triple Top Near $3.085 Crypto Sat recently stated in a post on X that SUI has just printed a classic Triple Top pattern on the 15-minute chart — and the outlook is not looking bullish at the moment.  Related Reading: Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View According to Crypto Sat, the three peaks labeled Top 1, Top 2, and Top 3 are formed near the $3.085 zone, with each successive peak showing less momentum. Now, the price is breaking down below the $2.995 level, which had been acting as the neckline support for this pattern. This breakdown below the neckline support signals that the bullish effort is weakening and opens the door for potential further downside movement. Traders should watch this key level closely as it may set the tone for the next price action. Key Takeaways from Crypto Sat’s Analysis According to Crypto Sat, several key technical signals have emerged on SUI’s chart, reinforcing the bearish implications of the recently formed Triple Top pattern. Pattern Identification: Crypto Sat considers the pattern as a classic indicator of trend exhaustion, where repeated failed attempts to push higher signals weaken bullish pressure. Related Reading: SUI Meteoric Rise: Golden Cross Signals A Potential 380% Explosion Support Breakdown: The drop beneath the $2.995 neckline, which Crypto Sat identifies as a key support, marks a bearish turning point. Next Support Targets: Crypto Sat points to the next important support levels between $2.92 and $2.87, which could act as potential zones for price stabilization or further selling if breached. Volume Confirmation: The breakdown below support occurred alongside an uptick in volume, reinforcing Crypto Sat’s view that downside momentum is gaining strength and the bears have the upper hand for now. In line with Crypto Sat’s analysis, this technical pattern and volume-backed breakdown highlight increased downside risk ahead unless a strong bullish reversal emerges. The analyst further cautioned that if buyers fail to step in promptly, the price may soon retest the $2.85 to $2.87 support zone in the short term. While it is still early in the move, the breakdown structure is clearly in place. Traders should monitor the situation closely for signs of a potential bounce or continued selling pressure. Featured image from Adobe Stock, chart from Tradingview.com

Amidst a widespread uncertainty in the crypto market, SUI is undergoing a major price correction as evidenced by 23.25% loss in the past 30 days. During this period, the popular altcoin and a major headliner in the present market cycle has traded as low as $2.35, which is a 56.44% decline from its all-time high of $5.35 in January.  Amidst this mayhem, prominent market expert with X pseudonym PlanD has stated the ongoing formation of a bullish dual pattern hints at an incoming explosive price gain in the SUI market. Related Reading: Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold? Technical Combo Sets Stage for SUI Surge – Analyst In an X post on June 27, PlanD shares an interesting price analysis that reveals the formation of two bullish patterns – the bull pennant and the inverse head and shoulder (H&S) – on the SUI daily chart. Both patterns currently form a confluence of technical indicators suggesting the altcoin is preparing for a major price rally as the second half of 2025 approaches. The inverse head and shoulder pattern is a common bullish reversal pattern. Amidst SUI’s price correction in Q1, the altcoin formed the left shoulder at $2.42 in February and head at $1.74 in April with a recent price bounce off $2.62 appearing to form the right shoulder. PlanD describes $2.62 as a critical support level in this bullish set-up, the validity of which ensures a potential price breakout. In studying PlanD’s technical analysis, the inverse H&S currently has a neckline of $4.25, breaking past which confirms the bullish price reversal with a price target set at $10.74.   Meanwhile, The bull pennant is a common chart pattern marked by a strong price uptrend (flagpole), followed by a descending channel (pennant) that precedes a price breakout similar to the length of the flagpole. Based on the analysis presented by PlanD, prior bull pennants on the SUI chart have successfully resulted in explosive rallies as seen in 2023 and 2024. Notably, SUI bullish price action from mid 2024 to its ATH in January followed by a descending price movement since then represents the latest bull pennant. Based on the initial price surge (flagpole), PlanD presents a SUI long-term price target of $27, representing a potentially 10x gain on current market prices. Related Reading: SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon? SUI Price Overview At the time of writing, SUI trades at $2.69 following a 2.23% price gain in the past day. Despite its struggles in the last month, the altcoin still boasts of 226.33% price gain in the last year ranking as one best performing coins in the present market cycle. Featured image from PixelPlex, chart from Tradingview

SUI’s price chart, marked by expanding cloud zones, reflects shifting sentiment and market structure. These zones have tracked major moves from fear-based accumulation to key resistance points. With new formations developing, a potentially parabolic move could be on the horizon. Perfect Setups For SUI That Paid Off Big Cheek Analytics, in a recent X post, identified $1.57 as SUI’s fundamental price and an ideal buy zone, especially during periods of fear. Historical data show that entering at this level on August 3, 2024, could have yielded up to a 957% gain, while a similar setup on April 7, 2025, has already returned up to a 134% gain at its peak. Related Reading: Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View Cheek Analytics also pointed to the Purple Cloud around $4 as the first significant resistance SUI needs to clear. This zone has been tested several times, with one brief breakthrough, only for the price to fall back and validate it as resistance. Cheek views this level as a key barrier: breaking above it would shift the momentum decisively and set the stage for further gains. Looking further ahead, Cheek Analytics highlighted the Orange Cloud at $9 as SUI’s major resistance zone. Historically, once the purple zone is broken, price often accelerates toward this level. However, during a past attempt, growing cloud zones stalled the move, and sentiment shifted to extreme greed, triggering profit-taking. SUI later retraced by -52% and still trades -28% below its peak. To round out the roadmap, Cheek Analytics introduced the Red Cloud at $20 as the long-term target zone, a region that could come into play if the orange cloud flips to support. However, Cheek notes that on larger altcoins like SUI, the red cloud is rarely touched. This is because all cloud zones expand or contract with market movement.  Higher Highs Needed: The Path To Breaking Resistance Cheek Analytics concluded that SUI shows strong long-term potential, as seen in its expanding cloud zones. However, for further upside, the price must form higher lows and higher highs; otherwise, a breakout above the purple cloud may fail and attract renewed selling pressure. Related Reading: Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge If the bullish structure fails to materialize, the analyst warns of a likely retracement back toward the fundamental green line at $1.57, a level described as an ideal accumulation point for long-term believers, or as they put it, “buttlievers.” Currently, the sentiment indicator is already showing fear, marked by a light blue background. Should price revisit the green line, Cheek Analytics expects sentiment to shift into extreme fear, setting the stage for optimal dollar-cost averaging (DCA) conditions for committed holders aiming to ride the next major wave. Featured image from Shutterstock, chart from Tradingview.com

After a period of pullbacks and choppy price action, SUI appears to be staging a technical comeback. Recent price movements have formed a classic Inverse Head and Shoulders pattern, often seen as a reliable bullish reversal signal. While the breakout hasn’t roared just yet, the structure forming beneath the surface suggests growing strength. Inverse Head And Shoulders Takes Shape On SUI Chart In a recent analysis shared on X, Cleanwater highlights a potential Inverse Head and Shoulders pattern forming on SUI. The move began with a dip from $3.74 on May 29th to $3.00 by May 31st, marking the initial correction. A strong bounce followed, pushing the price up to $3.39 on June 3rd, establishing the first neckline. Related Reading: SUI Meteoric Rise: Golden Cross Signals A Potential 380% Explosion The price then reversed again, dropping to $2.84 on June 5th, forming a key support zone and the “head” of the pattern. However, a swift recovery brought SUI to $3.55 on June 10th, aligning with the neckline and reinforcing the setup. On June 13th, SUI saw one last dip to $2.91, which Cleanwater identifies as the final touch needed to validate the inverse head and shoulders formation. With the price now trading around $3.04, the setup hints at strong upside potential. According to Cleanwater, the Inverse Head and Shoulders pattern took shape with an initial dip, a slight recovery, and a second, deeper drop. A push to higher resistance followed this, then capped off by a final dip, shallower than the second and hovering near the level of the first. 4H And 1D Charts Align: Market Prepares For A Break The analyst also observed that a channel is forming on both the 4-hour and daily time frames, indicating that a breakout may be approaching. While it’s difficult to predict exactly when a breakout will occur, the consistent price action within well-defined support and resistance zones shows growing strength. Sideways consolidation like this often precedes a significant move in either direction. Related Reading: Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View In his personal view, Cleanwater leans bullish, suggesting there’s significant upside potential if momentum shifts in favor of the bulls. The repeated tests of resistance and support reinforce this view, hinting at a strong underlying structure. Though he can’t call the exact moment for a breakout, he believes the current setup favors those positioning early for a move. However, Cleanwater also expressed caution regarding the global economic environment, noting that broader news events have started to weigh on market sentiment. He sees the current range as a solid accumulation zone, but acknowledges that a bit more time is needed for the picture to fully develop. Featured image from Shutterstock, chart from Tradingview.com

SUI has quickly become a standout performer in the crypto market, posting a dramatic 150% gain from $1.71 to $4.30. Yet, not all is smooth sailing. A $215 million token unlock on June 1, 2025, threatens to introduce major selling pressure.  Volatility Meets Opportunity: SUI Charts A Risk-Reward Path According to SirRichard’s latest update on X, SUI has exhibited notable price swings, but its long-term outlook remains firmly bullish. The token recently pulled off a remarkable 150% rally, climbing from a low of $1.71 to a high of $4.30. This explosive move caught the attention of traders, especially as it coincided with a golden cross formation on the daily chart, a classic technical signal that often precedes major bullish continuation. Related Reading: Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View Based on this setup, SirRichard believes SUI could be preparing for an even more significant leg up, potentially targeting new highs around the $7.56 mark. If this plays out, it would represent a staggering 380% gain from earlier levels. However, he also warned that the journey may not be without obstacles, particularly as other technical and fundamental signals begin to surface. A recent bearish crossover in the Exponential Moving Averages (EMAs) may hinder SUI’s bullish momentum in the short term. Additionally, the token unlock on June 1, 2025, resulting in the release of approximately $215 million worth of SUI into circulation, poses a potential risk. Such a large supply event could introduce selling pressure and spark short-term volatility if not absorbed smoothly by the market. Currently, immediate support lies between $3.40 and $3.43, which could act as a cushion in the event of a dip. On the upside, resistance is building around the $3.50–$4.00 zone. A firm break above this level would reignite bullish momentum, paving the way for SUI’s next upward surge. Bearish Winds Loom, But On-Chain Strength Holds Ground On the other hand, if bearish sentiment intensifies, the price could fall toward the $2.33 level, a key support that could be tested. Such a move would likely challenge bullish confidence and introduce volatility in the near term. Related Reading: Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge Despite this, the broader outlook is supported by impressive network activity. SUI’s ecosystem has seen over $40 billion in aggregator volume, a significant metric pointing to strong participation and interest. Even more encouraging is the 24% increase in activity over the last 30 days, highlighting a growing user base and rising utility. These fundamentals serve as a strong counterbalance to short-term risks. If sustained, they could provide a firm foundation for renewed bullish momentum. As such, any price dip may offer a fresh opportunity for long-term investors. Featured image from Shutterstock, chart from Tradingview.com

Popular market analyst Ted Pillows has tipped Sui (SUI) for an impending price breakout. Notably, the prominent altcoin has recorded a steady price decline in the past month with an estimated loss of 17.18% within this period. However, Pillows notes the formation of a bullish pattern which indicates substantial market relief ahead. Related Reading: SUI Rally At Risk? Analysts Warn Of 30% Dip If This Level Doesn’t Hold SUI Gathers Momentum Ahead Of Showdown With Resistance In an X post on June 7, Pillows shares a positive insight into the SUI market despite a sustained downtrend throughout May and early June. The analyst notes that SUI appears to hit local bottom within the $2.8-$3.0 following a slight rebound in the past 48 hours.  Interestingly, this recent price action could signal market reversal especially considering the formation of a bullish descending wedge pattern on the SUI daily chart. For context, the descending wedge is a classic bullish reversal pattern marked by two converging trend lines sloping downward as seen in the chart below. The price action within the wedge which typically consists of lower highs and lower lows but the decreasing slope of the lows signal a weakening bearish pressure. Considering the rebound from the $2.8 which represents the lower boundary of the descending wedge and the narrowing of both trend lines, Pillows postulates SUI is preparing for a major upside price breakout. However, the altcoin must overcome a crucial resistance at $3.5 price level which represents the upper boundary of the descending wedge pattern. Pillows explains that a successful daily price close above $3.5 is likely to trigger a robust buying pressure that could force a SUI market rally for the next 2-3 weeks leading to a new all-time high.  Based on the analysis presented, initial price targets are set at $4.00 indicating an instant return to the peak price region in May. However, with Pillows’ analysis hinting at a new all-time high, investors should expect any potential price breakout to hit a minimum price target of $5.21 representing a 60.8% gain on present market prices. Related Reading: Crypto Analyst Says This Bitcoin Top Signal Hasn’t Gone Off Yet — What To Know SUI Price Overview At the time of writing, SUI trades at $3.23 representing a 2.33% gain in the past day. However, weekly and monthly losses of 1.01% and 17.10%, respectively suggests the altcoin still has ground to make up. Nevertheless, SUI remains one of the best performing tokens of the present market cycle with potential star of the altseason considering its 211.11% in the last year.  Featured image from Binance Academy, chart from Tradingview

In a recent tweet, prominent crypto analyst Crypto Master 786 highlighted a promising setup for SUI, currently trading around $3.61. According to the analyst, the price is sitting comfortably within a key bullish re-accumulation zone, supported by both a Bullish Price Range (BPR) and a significant Order Block (OB).  This positioning forms a textbook foundation for a potential continuation rally. With the chart aligning toward higher targets, Crypto Master 786 pointed to the 0.5 and 0.25 Fibonacci levels as key areas to watch for the next leg up. Technical Insights For An Upsurge Further breaking down his analysis, the analyst delved into several key technical insights that support a bullish outlook for SUI. Firstly, he pointed to a Market Structure Shift (CH) that occurred back in April, describing it as a critical “change of character” that marked the beginning of a bullish reversal.  Related Reading: SUI Short-Term Spark Fades: Rejection At $3.95 Triggers 6% Slide He also applied Smart Money Concepts, noting that both the Order Block and Bullish Price Range zones are currently holding firm. This behavior, he explained, often reflects institutional accumulation, as “smart money” tends to load positions at strategic price levels before a major move unfolds. Adding to the bullish case, he observed a Fibonacci Confluence, where the projected upward targets align neatly with the 0.5 and 0.25 Fibonacci levels, areas that also coincide with historical supply zones.  Finally, his Volume Observation revealed that recent pullbacks on low volume are considered healthy retracements rather than bearish exhaustion. Together, these technical factors suggest that SUI may be building momentum for a continuation to the upside. Why SUI Has Fundamental Strength Too Crypto Master 786 also went further by highlighting several key fundamental factors that, in his view, could reinforce SUI’s promising technical setup and long-term outlook. At the forefront is SUI’s status as a high-performance Layer 1 blockchain developed by Mysten Labs, with scalability, speed, and low transaction fees that make it highly attractive for developers and users alike. Related Reading: SUI Breakout To $4 Imminent? Analyst Says A Correction To This Level Could Come First He also emphasized SUI’s strong backing from top-tier investors, including names like a16z, Jump Crypto, and Binance Labs, signaling strong institutional confidence in the project’s future potential. Beyond funding, he pointed to the rapid growth of SUI’s developer ecosystem, noting the increasing number of DeFi, gaming, and NFT projects being launched on the network.  Additionally, the SUI Builder Grant Program is actively fostering innovation, providing support and resources to teams building on the platform. The analyst wrapped up by stating that SUI is positioned for a strong move if it holds the current OB/BPR zone. With smart money signals, aligned technicals, and solid fundamentals, he sees a high-probability swing play with 37% upside potential. Featured image from Adobe Stock, chart from Tradingview.com

SUI is attempting to regain traction, currently trading at $3.6292 with a modest 1.34% uptick on the 4-hour chart noted by Crypto Man MAB in a recent X post. After reaching a 24-hour high of $3.9599, the pair encountered strong resistance, triggering a sharp pullback. SUI’s rejection has led to a notable 6.64% decline over the past day, raising questions about whether SUI can stabilize or if further downside is ahead. SUI Uptrend Peaks At $4.20 Before Sharp Reversal MAB’s recent analysis highlights that from May 20 to May 23, SUI experienced a clear uptrend, marked by consistently higher highs and higher lows. The steady upward movement peaked around the $4.20 level, reflecting strong bullish momentum during that period.  Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? However, shortly after reaching its peak, SUI faced a sharp reversal. Large red candles appeared on the chart, indicating heavy selling pressure and a rapid loss of value. This sudden downturn from the recent highs caught many by surprise, with profit-taking triggering fears in the market. Volume analysis further supports this narrative. There was a notable spike in volume at the peak and during the sell-off, showing strong market participation in the decline. Currently, trading volume remains elevated at around 462.57 million USDT, which indicates continued activity.  SUI is now testing a critical support zone between $3.6000 and $3.6500. A break below this area might pave the way for further losses, pushing the price down to the 24-hour low near $3.5233 or even lower. Market Sentiment: Fear Or Opportunity? Crypto Man MAB elaborated on the market dynamics by pointing out clear bearish signals alongside potential bullish opportunities. He noted that the sharp decline from the $4.20 peak and the inability to maintain levels above $3.8000 signal that bearish momentum is dominating. This is supported by the 7-day performance, which shows a 5.62% drop, underscoring the prevailing short-term weakness. Related Reading: SUI Hype Grows As Price Action Points To A Rally: $4 Level In Focus On the bullish side, the analyst pointed out that if the crucial $3.6000 support level holds firm, there could be a rebound toward $3.8000, a previous resistance turned into a support level. This support could encourage SUI buyers to re-enter the market, setting the stage for upward movement. Looking beyond the immediate fluctuations, the analyst emphasized that the 30-day gain of 20.29% and the 90-day gain of 5.90% reflect an overall positive trend for SUI. Despite recent setbacks, this suggests that a sustained recovery remains possible if buying pressure strengthens. To sum up, he highlighted that SUI stands at a crucial crossroads, and a drop below the $3.6000 support could lead to additional downside pressure. However, a strong bounce from this zone might pave the way for a recovery supported by increasing volume, whereas growing volume on a decline would reinforce the bearish outlook. Featured image from Adobe Stock, chart from Tradingview.com

Amid a general crypto market rebound, SUI stood out from the crowd, emerging as the second-highest weekly gainer, rising by 67.21%. The prominent altcoin has been one of the major headliners of the current market cycle, increasing by 192.70% in the past year.  However, certain market technical indicators show that SUI is likely headed for a correction following its most recent explosive gains. Related Reading: SUI Price Soars Despite Overbought RSI – Can The Rally Sustain? Elliott Wave Count Suggests Pullback Looms For SUI In an X post on Friday, X market analytics handle More Crypto Online shared an interesting analysis on the SUI market using the Elliott Wave theory — a technical tool that predicts future price trends by recognizing recurring wave-like patterns.  According to the analysts at More Crypto Online, SUI’s bullish performance in the past week means the altcoin has surged to the 178.6% Fibonacci extension level around $3.71. This specified Fibonacci level represents a major technical milestone as it is a classic target area in Wave 3 in the Elliott Wave analysis. For context, the Elliott Wave theory postulates that price movements occur in five recurring wave patterns. Wave 3 is usually regarded as the strongest and longest wave in a bullish trend. It is a wave of confirmation indicating a robust market participation. Based on the current wave count in the SUI market, the altcoin is completing the final stages of Wave 3, having surpassed the minimum Fibonacci extension level of 138%. As expected, signs of waning demand are beginning to set in, as indicated by a 5.7% price retracement in the past day.  More Crypto Online predicts Wave 4 — a corrective price phase may now be imminent. SUI is expected to experience a price pullback with initial support zone set at $3.27. Notably, a decisive price break below this level would confirm the end of Wave 3 and the beginning of Wave 4.  Furthermore, a deeper market support lies between $2.95 and $2.75, which represents the 38.2% – 50% Fibonacci retracement zone of the Wave 3 move. More Crypto Online views this price region as the support target zone for a healthy Wave 4 correction.  Therefore, market bulls must hold this price zone to retain SUI’s bullish structure and set the stage for a potential Wave 5 breakout. SUI Price Outlook At press time, SUI trades at $3.58 following an 8.85% overall gain in the past day. Meanwhile, the coin’s daily trading volume is up by 18.64% and valued at $3.44 billion.  If SUI’s price retracement continues, the altcoin is expected to trigger Wave 4 of its current wave cycle, indicating a potential 50% correction lies ahead. However, if bullish momentum remains intact, SUI could rise to around the 200% Fibonacci extension level, around $3.99, which represents the coin’s next major resistance. Related Reading: Ethereum Up 12% In a Week, but Derivatives Data Suggests Caution Featured image from Adobe Stock, chart from Tradingview

The price of SUI has been on a relentless upward trajectory, defying traditional market warnings as its Relative Strength Index (RSI) enters overbought territory. Typically, an overbought RSI suggests an asset may be due for a pullback, yet SUI continues to surge.  With bullish momentum still strong, key factors such as rising demand, ecosystem developments, or broader market trends could be fueling this resilience. However,  as the RSI hovers in overextended zones, the critical question remains: Can SUI sustain its rally, or is a reversal on the horizon? RSI Hits Extreme Levels As SUI Climbs Higher In a recent post on X, analyst GemXBT highlighted that the SUI chart continues to show a strong bullish structure, marked by consistently higher highs and higher lows, a classic signal of upward momentum. According to the chart, key support zones are holding firm around $2.80 and $3.00, providing a solid base for the price to build upon. Related Reading: SUI Forms Inverse Head And Shoulders – Can Bulls Break Above $2.52? Also, resistance is near the $3.60 level, which could act as a critical barrier for the bulls to overcome. As long as the current structure remains intact and price respects these support zones, SUI’s upward trend may still have room to run, especially if it manages to break through the $3.60 resistance with strong volume. However, GemXBT also pointed out that the RSI is currently flashing overbought conditions, which typically signals that the asset may be nearing a short-term top. While the overall trend remains bullish, this indicator suggests that a potential pullback or period of consolidation could be on the horizon.  The analyst added that although buying pressure remains strong and momentum is clearly in favor of the bulls, traders should proceed with caution. Overbought signals often precede cooling phases, especially if volume begins to taper off or price struggles to break above resistance.  Watching The Pullback: Where Bulls Might Reload Analyst GemXBT identified the $3.00 and $2.80 levels as critical support areas to watch. These zones have acted as solid demand regions in the past and may once again serve as springboards if prices dip from current highs. A controlled pullback into these levels, especially if accompanied by decreasing volume, would suggest profit-taking rather than panic selling—a positive sign for bulls aiming to push higher. Related Reading: SUI Poised For Price Rally? Ascending Channel Suggests Move Toward $2.50 If buying pressure returns around these support zones and the price structure of higher highs and higher lows remains intact, SUI could be setting up for a renewed breakout. The next major hurdle remains near $3.60, and reclaiming that level would open the door for a broader upside run. Featured image from Medium, chart from Tradingview.com

SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again? Recent price action suggests that positive sentiment is gaining traction, with increasing trading volumes and strong support levels forming beneath. However, past attempts to breach $2.82 have resulted in pullbacks, making this level a significant test for the market. A confirmed breakout could trigger a fresh rally to higher targets, while failure to overcome this hurdle may lead to renewed selling pressure. Chart Patterns And Technical Indicators: Signs Of A Breakout? SUI price action is showing promising signs of an impending breakout as it continues to test the critical $2.82 resistance level.  Looking closer at the chart reveals the formation of bullish ascending candlesticks, a pattern characterized by higher lows and a steady resistance ceiling. This structure suggests that buyers are building momentum, increasing the likelihood of an upward breakout. Related Reading: SUI Poised For Price Rally? Ascending Channel Suggests Move Toward $2.50 Technical indicators further support this outlook. The Relative Strength Index (RSI) has climbed above 50, while the Moving Average Convergence Divergence (MACD) has shown a bullish crossover. Additionally, trading volume is rising, a key factor often preceding a breakout move. The price has also broken above the bearish trendline, signaling a potential shift in market sentiment. This breakout suggests that selling pressure is weakening, allowing buyers to regain control. A successful breakout from a bearish trendline usually indicates the end of a downtrend and the beginning of a possible upward movement. If SUI surpasses the critical $2.82 resistance level with a strong trading volume, it could ignite a significant rally, pushing the price toward $3.50 and beyond. Breaking above this level would indicate that buyers have gained control, invalidating previous resistance and setting the stage for further upside momentum.  Rejection And Possible Pullback Levels For SUI While SUI’s bullish strength is building, the $2.82 resistance remains a formidable barrier, and failure to break above it might lead to a downside move. If buyers fail to sustain momentum, sellers may step in, triggering a rejection that could send the price back toward key support levels. Related Reading: SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure The first critical support to watch lies around $2.36, a level where buyers previously defended against deeper declines. If selling pressure intensifies, SUI could drop toward $1.59. A break below this level may expose the price to deeper corrections, with $1.42 acting as a crucial defense zone for bulls. Featured image from YouTube, chart from Tradingview.com

SUI was stuck in a choppy price action in the last week, eventually recording a 2.48% loss. Just like the rest of the crypto market, the altcoin has remained largely in consolidation for the past two weeks with little indication of its next price breakout. However, amid this sideways movement, crypto analyst Ali Martinez has identified potential for some significant short-term gains. Related Reading: SUI Bulls Test Key Resistance — A Breakout Or Rejection Ahead? Staying Above $2.26 Is Key To SUI Bullish Structure In an X post on March 22, Martinez shares a positive technical analysis of the SUI market based on recent price movements on the 4-hour chart. The crypto analyst notes that SUI has been moving within an ascending channel since March 11 and is likely poised for an imminent upswing. An ascending channel is a popular bullish pattern formed by two parallel trend lines sloping upwards. Both trendlines act as resistance and support keeping an asset’s price within range. Despite this limited price movement, an ascending channel is considered bullish as it indicates a significant buyer’s influence. Based on the chart provided by Martinez, SUI has recently retested the support line of its ascending channel at $2.26 showing intentions of an uptrend. Provided that SUI suffers no sudden dip below this support, the crypto analyst projects a rise to around $2.50 representing the resistance (upper trendline) of the ascending channel. In the presence of a strong market demand, SUI could break out of this ascending channel with an immediate target of $3.0. However, any decisive price fall below $2.26 support could result in prices as low as $1.75. Related Reading: SUI Ready For 15% Move Amid Key Level Retest – Breakout Or Breakdown Ahead? SUI Market Overview The SUI community showed much excitement in the last week as Canary Capital filed an application for a SUI spot ETF with the US Securities and Exchange Commission (SEC). This move followed a trust registration for the proposed fund in Delaware earlier in March. Prospects of a spot ETF are considered highly bullish due to the promise of institutional investment as seen with Bitcoin and Ethereum over the last year. At the time of writing, SUI was trading at $2.28, reflecting a 0.84% gain in the past day. Meanwhile, the asset’s trading volume has crashed by 31.69% indicating a decline in market participation. Notably, the altcoin is also down by 30.21% on its monthly chart due to a strong bearish influence over the past few weeks. Nevertheless, SUI remains a major headliner of the current cycle following an impressive price performance between Q4 2024 to early January 2025 where it surged to establish a new all-time high of $5.35. And with the cycle potentially far from over, certain analysts are backing the bullish potential of SUI describing the current downtrend as a good buying opportunity. Featured image from Boxmining, chart from Tradingview

SUI recent price recovery has reignited bullish sentiment, but its momentum is now being put to the test. After bouncing from key support levels, the price is facing strong resistance that could determine the next major move. Bulls are attempting to push through this barrier, but a lack of sustained buying pressure has made the breakout uncertain. Market indicators reveal a tug-of-war between buyers and sellers, with bears aiming to cap gains and trigger a reversal. If bulls manage to build enough momentum, SUI could overcome this hurdle, setting the stage for a continued rally. However, if resistance proves too strong, a rejection could force a retracement to lower support zones. Can SUI Maintain Its Momentum? SUI is currently facing a crucial resistance level, and its ability to sustain upward movement will determine its next move. Bulls have managed to push the price toward the $2.365 mark, but the key test lies in whether buying pressure is strong enough to break past resistance.  Related Reading: SUI Breakout Alert: Strong Momentum Puts $4.98 Key Level In Focus Although SUI’s price remains below the 100-day SMA, signs of a potential shift in momentum are emerging. The MACD is on the verge of a bullish crossover, indicating that buying pressure may be building. When the crossover is confirmed, it might signal a strengthening uptrend, increasing the chances of SUI breaking through key resistance levels.  If bulls can successfully drive the price above the critical $2.365 resistance level, it could signal a strong breakout and open the door for further upside. A decisive move past this level, supported by increasing buying interest, is likely to push SUI toward the next resistance zone at $2.8217.  However, sustained volume and additional bullish confirmations will be crucial for the rally to gain traction. Should momentum weaken, SUI may struggle to maintain its upward push, leading to another retest of lower support levels.  Rejection Risks: Could Bears Regain Control? Resistance zones often trigger increased volatility as both bulls and bears battle for control. With buyers failing to maintain strength, SUI may struggle to hold on to its recent gains, leading to a price rejection toward key support areas. Related Reading: SUI Bearish Move Gathers Pace After A Breach Below Key Moving Average The first major support to watch lies near the $1.5997 level, where buyers might step in to prevent losses. A dip below this level may open the door for a deeper correction toward the $1.4222 psychological support, a critical zone that has previously acted as a price floor. Should selling pressure intensify, SUI could test lower support near $1.1689, which indicates a stronger bearish shift. Bulls must defend these levels to maintain the broader uptrend or risk a prolonged consolidation phase before another attempt at recovery. Featured image from Shutterstock, chart from Tradingview.com

SUI, one of the most closely watched cryptocurrencies, is flashing warning signs as its weekly Relative Strength Index (RSI) dips below the critical 50% threshold, bringing the cryptocurrency to the $2.36 significant support level.  This key technical indicator, often used to gauge market momentum, suggests a potential shift in sentiment from bullish to bearish. With the RSI now signaling weakening buying pressure, investors are left wondering: Is this the beginning of a prolonged downturn for SUI?  SUI’s Weekly RSI Breakdown: A Sign Of Weakening Momentum SUI’s recent drop in its weekly RSI below the key 50% threshold signals a shift in momentum, raising concerns among traders and investors. The RSI decline below 50% usually suggests weakening buying pressure and growing bearish dominance. This breakdown could indicate that sellers are gaining control, potentially leading to increased volatility and further downside risks. Related Reading: SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure For SUI, this development is particularly significant since the cryptocurrency, which has enjoyed periods of strong upward movement, now faces the risk of a bearish reversal. The RSI breakdown indicates that the market’s enthusiasm for SUI may be waning, possibly opening the door for extended declines.  Moreover, SUI’s price has now fallen below the 50% Fibonacci retracement level, signaling a weakening bullish structure. Thus, selling pressure has intensified, making it more challenging for buyers to regain control. If the price fails to reclaim this critical level, the bearish momentum could persist, driving the asset toward deeper support zones and confirming a prolonged correction. Should the RSI remain on a downward trajectory, it could pave the way for a decisive drop below the $2.36 support level. This breakdown may accelerate selling pressure, driving SUI toward lower support zones at $1.59 and $1.42, reinforcing the bearish outlook. What’s Next? Key Triggers That Could Drive A Recovery For SUI to regain bullish momentum, several key triggers must align to drive a potential recovery. A strong bounce from key support levels, particularly near $2.56 or $1.42, might signal that buyers are stepping in to defend the price. When this happens, selling pressure is expected to ease, paving the way for a reversal. Related Reading: SUI In Bear Territory: RSI Drop Suggests Further Downside Risk Another crucial element to watch is the 50% Fibonacci retracement level, which SUI has recently fallen below. A decisive move back above this level would suggest renewed bullish strength and serve as an early sign of recovery. Additionally, an upside move is likely once the RSI starts forming a bullish divergence. Broader market sentiment and macroeconomic factors will play a key role in SUI’s recovery. A shift in Bitcoin’s trend or overall crypto market momentum could drive a rebound, allowing SUI to challenge resistance levels at $2.82 and $3.50. Featured image from Medium, chart from Tradingview.com

Sui (SUI) is showing signs of a potential rebound as its price climbs above the $2.80 mark, sparking optimism among traders. After experiencing a period of downside pressure, the cryptocurrency is attempting to reclaim lost ground, suggesting that bullish momentum may be building. This recovery comes at a critical juncture as maintaining support above this level could pave the way for further upside movement.  The rally has drawn attention to whether SUI is gearing up for a more sustained recovery or if this surge is merely a short-lived reaction before another downward move. Despite the optimism, the broader market remains highly volatile, and SUI still faces key resistance levels that might determine the strength of this uptrend. SUI Price Attempts Recovery SUI’s price faced rejection after attempting to push higher, signaling possible weakness in the current recovery attempt. After climbing to the 50% Fibonacci retracement level at $3.079, the cryptocurrency struggled to sustain its upward momentum, encountering resistance that prevented further gains.  Related Reading: SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure This rejection has triggered a fresh decline, indicating that sellers are defending key levels. As a result, the asset has started to lose traction, with bearish pressure mounting again. The decline could accelerate, leading to a deeper retracement If the price fails to find support at nearby levels. Furthermore, SUI is still struggling to gain bullish momentum as it trades below the 100-day Simple Moving Average (SMA) and remains under pressure from a key bearish trendline. Typically, this indicates that sellers are still in control, preventing a breakout toward higher levels. A decisive move above these resistance points could signal a trend reversal, but failure to do so may result in more downside pressure. Technical Indicators: A Mixed Picture From a technical perspective, the recent recovery above $2.8 is a promising development. SUI’s Moving Average Convergence Divergence (MACD) shows early signs of a bullish crossover, which could signal upside potential if the momentum continues. Related Reading: SUI Skyrockets: Bullish Momentum Drives Push Toward $6 However, challenges remain with the $3.5 level cited as a significant resistance zone, and a failure to break through hints at renewed selling pressure. Additionally, trading volumes are improving, but are still below their peak levels. In conclusion, SUI must overcome two major hurdles to confirm a meaningful recovery: the 100-day SMA and the bearish trend line. A break above these levels, accompanied by strong volume, might open the door to higher price targets, including $3.0 and beyond. On the other hand, a failure to hold above $2.8 sparks a retest to lower support levels, reigniting the downtrend. Featured image from YouTube, chart from Tradingview.com

SUI is facing mounting pressure as bearish sentiment continues to dominate the market, driving its price toward a critical retest of the $2.8 support level. This key price point has become a focal point for traders and investors, as it could determine the token’s short-term trajectory. Recent market trends have seen SUI struggle to regain upward momentum. The $2.8 level, which has historically acted as a strong support zone, is now being tested once again. A successful hold may signal a potential rebound, while a breakdown may open the door for further downside. The broader cryptocurrency market’s uncertainty with macroeconomic factors has added to the bearish pressure on SUI. Traders are closely monitoring trading volumes and market sentiment for clues on whether the $2.8 level will hold or if the token will face additional losses. Historical Support At $2.8: Will History Repeat Itself? Notably, the $2.8 price level has historically served as a strong support zone for SUI, providing a critical foundation for previous price rebounds, preventing further declines, and fueling upside attempts. As SUI approaches this key level again under heavy bearish pressure, the question arises: Will history repeat itself? Related Reading: Analyst Says SUI Price Could Fall To $1.6 — Here’s Why This $2.8 mark represents a key threshold for investor confidence. Holding this level might restore faith among traders and investors, encouraging accumulation and reducing selling pressure. On the flip side, losing this support could erode trust in the token’s near-term prospects, leading to increased negative sentiment. In summary, the $2.8 level is more than just a price point—it’s a litmus test for SUI’s resilience in the face of unfavorable conditions. Whether it holds or breaks will likely set the tone for the altcoin’s future price action, making it a crucial area to monitor in the coming days. What A Break Below $2.8 Mean For SUI Price Action If SUI fails to hold the crucial $2.8 support level, the negative momentum could intensify, pushing the price toward deeper correction zones. A sustained breakdown below this level would confirm increased selling pressure, potentially leading to declines toward $2.3 or even $2.1, where the next key support levels lie. Related Reading: SUI Inches Closer To $3.9 Support Under Growing Bearish Influence Market sentiment is also at risk if the breakdown occurs, signaling that buyers are stepping back while bears continue to dominate. Additionally, technical indicators such as the 100-day SMA and MACD further validate the downward move.  However, if SUI manages to hold above $2.8, a strong rebound may be imminent as buyers defend the level. Therefore, it is important to monitor whether this support holds or if a deeper retracement is in store. Featured image from Medium, chart from Tradingview.com

The crypto market thrives on comebacks and SUI is no exception. Once again, the token is making waves as it rebounds from the key $2.8 support level, reigniting bullish optimism in the market. This level has proven to be a crucial battleground, with buyers stepping in to defend it multiple times.  Now, with renewed momentum, traders are watching closely to see if SUI can finally break through key resistance levels and turn this comeback into a sustained rally. The price action suggests growing confidence among bulls, but challenges remain as sellers continue to put pressure at higher levels.  A decisive move above resistance could open the door for a stronger push upward, potentially setting the stage for a fresh bullish trend. On the other hand, failure to maintain this strength might lead to another pullback, keeping SUI trapped in its consolidation phase. Bullish Momentum Builds, Will Buyers Finally Take Control? SUI is showing signs of renewed bullish momentum as buyers step in to defend the crucial $2.8 support level. After multiple attempts to push higher, the price action suggests that positive sentiment is gradually strengthening. Furthermore, this growing strength could catalyze a break through key resistance levels and establish a more sustained uptrend. Related Reading: SUI Rally Eyes Double-Digits: VanEck Analyst Forecasts $16 Price By Year-End Technical indicators are beginning to reflect this shift in sentiment. Currently, the price is climbing toward the 4-hour Simple Moving Average (SMA), signaling increasing buying interest, while the MACD hints at a possible bullish crossover. If buyers sustain this momentum, SUI may break above crucial resistance and trigger a stronger move toward higher price levels. Despite this positive setup, the battle isn’t over yet. Bulls must maintain control and push through key resistance barriers to confirm a trend reversal. If successful, SUI would establish a more stable uptrend, attracting further interest and paving the way for a breakout. Key Levels To Watch As SUI Eyes A Breakthrough As SUI continues to gain upward pressure and eyes a potential breakout, several price levels become crucial in determining its next move. Understanding these key levels can help investors navigate the market and make informed decisions. Related Reading: SUI Strong Resilience Play: Price Push Past $3.9 Resistance On the upside, the $3.5 resistance level is the first key barrier to overcome. A break above this level can fuel a stronger rally, bringing the next major resistance at $3.9. Should bulls manage to push past these hurdles, SUI could target $4.9 and $5.3, signaling a major shift in market sentiment. Meanwhile, traders are also watching momentum indicators like the RSI and MACD, which are showing signs of improvement. A bullish breakout would require strong volume and sustained buying pressure to confirm a trend shift. As SUI eyes a possible breakout, the next few trading sessions will be critical in confirming bulls’ full control of the market. Featured image from YouTube, chart from Tradingview.com

SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation. The increasing buying pressure and strong trading volume indicate growing confidence in SUI’s potential for further upside.  If the uptrend continues, SUI could set its sights on higher resistance levels, fueling speculation of a sustained rally. However, maintaining this breakout is essential, as failure to hold above $3.9 might invite selling pressure and lead to a retest of lower support zones. A Step Toward A Larger Bullish Move? SUI’s breakout above the $3.9 resistance level hints at a shift in market dynamics, with bulls gaining strength and momentum building for more upswing. This move marks a key turning point since bullish pressure is increasing and sustaining a prolonged rally.  Related Reading: SUI Skyrockets: Bullish Momentum Drives Push Toward $6 Furthermore, the breakout has reinforced optimistic sentiment, attracting more traders looking to capitalize on SUI’s upward trajectory. If the price remains stable above this level, it could pave the way for a robust move toward higher resistance zones. With technical indicators aligning in favor of continued gains, the token shows signs of a broader uptrend taking shape. SUI approaching the 100-day Simple Moving Average (SMA) suggests that the market is maintaining its positive sentiment, and buyers are continuing to push the price higher. Should SUI successfully hold above this key moving average, it may act as a support level, providing strength to the uptrend. Additionally, the RSI has recently moved into bullish territory, meaning it is above the neutral level of 50% and approaching the upper half of the scale. This indicates that buying pressure is intensifying, as more traders enter the market to push prices higher. When the RSI rises above 50% and heads toward 70%, it suggests that the asset is gaining strength and could have more room to run before it reaches overbought conditions. What’s Next For SUI After Breaking $3.9? After breaking the key $3.9 resistance level, SUI seems poised for additional growth if the bullish momentum continues. The breakout has shifted market sentiment, attracting more buyers and strengthening the asset’s price trajectory.  Related Reading: SUI Shows Strong Bullish Comeback: Breakout Above $4.98 In Sight Moving forward, SUI’s next target will likely be higher resistance levels, potentially around $4.9 or $5.3. However, holding above the $3.9 level will be crucial to maintain the current uptrend.  If the price drops below this key level, it might signal a pullback and a retest of lower support zones, such as $3.5. A break below $3.5 would cause a shift in market sentiment and a weakness of bullish momentum. Featured image from Medium, chart from Tradingview.com