Sui (SUI) Nears $4 Breakout as Open Interest Soars — Is This the Next Crypto Mega Rally?
Sui's bullish momentum just hit overdrive. With open interest flirting with record highs and a $4 price breakout looming, traders are scrambling for position. Here's why this isn't just another altcoin pump.
The stealth buildup to this moment has been textbook. While other Layer 1s bled out during the last market correction, SUI kept building quietly—until now. The technical setup screams 'volatility explosion,' but will fundamentals follow?
Institutional money's starting to circle. Three consecutive weeks of double-digit open interest growth tells you all you need to know—the smart money smells blood. Meanwhile, retail traders are still distracted by meme coin casinos (classic).
Watch the $4 level like a hawk. Break through cleanly, and we're looking at a potential 50%+ move. Fail here, and well... at least the leverage traders will provide some entertaining liquidations.
This surge in derivatives activity has made sui the sixth most traded asset in the futures market, trailing only behind leading blue-chip tokens.
According to Glassnode, the rapid growth in open interest indicates that traders are positioning for a sharp move—possibly upward—driven by the possibility of a short squeeze above the psychologically significant $4.00 mark. Currently, SUI trades around $3.80–$3.90, just below its three-month high of $4.24, and has shown a 51% gain since mid-June.
Strong Bullish Sentiment but Resistance Remains
Despite trading below $4.00, Sui crypto news shows rising optimism. Technical indicators, including a bullish pennant formation on the 4-hour chart, suggest that sui price is coiling up for a breakout. The exponential moving averages (EMA) are aligned in a bullish sequence, further confirming upward momentum.
SUI faces strong resistance, but if bulls push past it, a significant breakout could be on the horizon. Source: BITfinity on Tradingview
Yet, this enthusiasm is tempered by persistent resistance at the $4.00–$4.10 range, which the token has failed to surpass consistently since May 11. The most recent attempt saw liquidations of $2.2 million in long positions, indicating aggressive selling pressure from bears hoping to drive the SUI coin back down.
That said, $16 million in liquidity remains concentrated around $4.10, suggesting this area could be retested soon. If bulls overcome this wall, a breakout toward $5.00 or even $5.35 is possible, bringing the SUI token price prediction into focus
DeFi Growth Adds Fuel to SUI’s Momentum
One of the key drivers behind SUI’s recent performance is the rapid growth in its DeFi ecosystem. The total value locked (TVL) on the Sui blockchain surged from $1.56 billion to $2.27 billion in just two weeks—a jump of 45%.
Sui’s first bull cycle could fuel strong growth, as seen with similar new blockchains.Source : Kabuki via X
Much of this growth stems from Suilend, Sui’s flagship lending protocol, which has expanded its liquidity by nearly 49% in the past 30 days and now holds over $738 million in assets. Additionally, the recently relaunched Cetus DEX recovered strongly after a hack and grew its liquidity by 55%, signaling renewed confidence in the network.
Sui’s ability to scale without relying on EVM compatibility and its efforts to build an independent ecosystem similar to solana add further appeal to long-term investors assessing Sui coin price prediction 2025 and beyond.
Market Uncertainty Keeps SUI in a Tight Range
Despite strong fundamentals and technical potential, SUI’s price remains range-bound, fluctuating between $3.70 and $4.10 in recent sessions. A doji candle formation on the daily chart reveals indecision among traders, suggesting that both buyers and sellers are hesitant to take control without a clear breakout signal.
SUI’s short-term fate could be determined by how the market digests the surge in futures open interest. If the build-up of short positions above $4.00 backfires, the result could be a classic short squeeze, pushing SUI crypto price prediction firmly into bullish territory.
SUI Price Prediction: What’s Next?
Looking ahead, analysts believe that breaking above the $4.00 resistance WOULD open the door to testing $4.30, and potentially $5.00, especially if buying momentum returns in force. A daily close above the resistance level could flip it into support, validating a bullish continuation pattern.
Sui was trading at around $3.98,up 2.03% in the last 24 hours at press time.Source:Brave New Coin
On the flip side, a breakdown below the current pennant pattern could lead to a short-term correction, pushing the price toward lower support zones NEAR $3.50.
Sui Coin Price Prediction 2025 and Beyond
Given the current market trajectory and the ongoing expansion of the Sui ecosystem, the SUI coin price prediction 2025 remains optimistic. If adoption of its DeFi protocols continues, and the network attracts further capital inflows, some analysts see the SUI price prediction 2025 landing in the $6–$7 range, assuming broader market conditions remain favorable.
Longer-term projections for sui price prediction 2030 remain speculative, but growing ecosystem strength could allow it to compete more directly with established Layer 1 platforms. For now, SUI’s short-term focus remains on breaking through the $4 barrier—a level that could define its path for the remainder of 2025.
