Sui bulls are back in action as the token rebounds from key support, igniting hopes for a breakout above $3.50 and a fresh bullish wave.
After a period of sideways movement, Sui crypto is showing renewed momentum that has captured trader attention. With $3.35 holding as a strong floor, technical indicators now point to a potential rally that could drive the price of Sui toward the $3.85–$4.88 resistance zone and possibly higher.
Key Support and Resistance Levels
The $3.35 support has held firm despite recent pullbacks, giving traders confidence that the current bullish setup could extend. Analysts from Crypto VIP Signal confirmed that Sui crypto price recently broke out of a falling wedge pattern, a classic bullish reversal signal.
SUI has rebounded from its Fibonacci zone, forming a higher low and signaling a potential continuation toward $4.88 and $7.44 if volume confirms. Source: Rose Premium Signals via X
The breakout was validated by a successful retest of the support line, a move that strengthens the bullish structure. As long as $3.20 holds as a floor, momentum favors the upside. Traders are now watching $3.50 as the immediate hurdle, with a clean break above this level potentially opening the path to $3.85–$4.88 and beyond.
Bullish Technical Indicators Support Upside
Momentum indicators are also aligning with this optimistic outlook. The RSI has moved upward from oversold levels, showing renewed buying interest, while the MACD has flipped bullish. These developments support the view that Sui token price prediction could soon point toward a sustained rally.
SUI trades above the 200-D EMA, with a pullback to 0.5–0.6 Fib offering a DCA opportunity before a potential Wave 3 rally to $4.10+. Source: learnfromfailure on TradingView
SUI is trading above both its 5-day and 10-day moving averages, signaling a strengthening short-term trend. Holding above $3.35 could set the stage for bulls to challenge $3.50 and potentially extend gains toward $4.00.
Institutional Accumulation Adds Confidence
Institutional interest remains strong. Davide Martini highlighted that Sui Group has accumulated over 100 million tokens, signaling long-term confidence in the Sui blockchain ecosystem. Such buying behavior has historically preceded major upside moves in the price of Sui.
The SEC has postponed its decision on the 21Shares $SUI ETF. Source: Cointelegraph via X
On higher timeframes, analysts point to an ascending triangle forming near $4.3–$4.5. A weekly close above this resistance could set the stage for a rally toward $6.7, with potential extensions to $7.5–$8.0 if bullish momentum continues.
Adding a layer of uncertainty, the U.S. SEC has once again delayed its decision on the 21Shares SUI ETF application. While such postponements are common in the crypto space, investors remain attentive, as a potential approval could significantly boost sentiment and liquidity for Sui coin.
Sui Price Prediction: What Comes Next
The current focus is on the $3.35–$3.50 level. A break above $3.50 on high volume could initiate a rally to $4.88 with longer-term targets of $5.00 and $6.20 if momentum holds.
A break below $3.20, on the other hand, could turn psychology, with $3.05 and $2.73 in focus.
Sui was trading at around $3.38, up 2.71% in the last 24 hours at press time. Source: Brave New Coin
The bigger Sui ecosystem continues to grow with new applications being developed on the Sui blockchain by developers, adding further intrinsic rationale to the bull case.
Final Thoughts
The near-term Sui outlook is upbeat, with bulls controlling crucial support levels and technicals indicating further gains. Even though macro uncertainty and regulatory slippage may induce volatility, traders are optimistic for a move upwards to $3.50 and further highs in the near term.
For those asking, is Sui crypto a good investment? The trend structure of the market, institutional buying, and technical power are grounds for optimism, but prudence is advised until decisively breaking resistance levels.