Coinidol.com: SUI’s price has resumed a sideways movement above the $2.40 support but remains below the $3.00 resistance level.
SUI price long-term prediction: bearish
The recovery in the cryptocurrency has stalled within a limited price range. After the breakdown on October 10, SUI rebounded above the $2.40 support level following a decline to a low of $0.61, but the upward momentum has paused. The altcoin will resume its bullish trend if buyers overcome the $3.00 resistance and push the price above the moving average lines. In this scenario, SUI could recover to its peak of $4.40.
Conversely, if the bears break the current support level at $2.40, the decline will continue, and the altcoin may fall back to its previous low of $0.61. SUI is currently valued at $2.62.
Technical indicators
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Key supply zones: $4.00, $4.20,$4.40 -
Key demand zones: $3.00, $2.80, $2.60
SUI price indicator analysis
The moving average lines remain horizontal, indicating a sideways trend. The price bars are below the moving average lines, suggesting that the cryptocurrency may be losing value. Additionally, the 21-day SMA has dropped below the 50-day SMA, signalling that the cryptocurrency is likely to continue declining.
SUI/USD daily chart – October 19, 2025
What is the next move for SUI?
SUI is currently trading in a sideways pattern above the $2.40 support. If this support holds, the altcoin is likely to trend upwards. However, if the current support level is breached, the bearish trend will continue. At present, the crypto signal remains range-bound above its current support.
SUI/USD 4-hour chart – October 19, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.