SUI Price Outlook: Bulls Charge Into Critical Week

SUI traders buckle up—this week could separate the diamond hands from the paper hands. The Layer 1 token faces a make-or-break test as Bitcoin’s volatility spills across altcoins.

Key levels to watch: A clean hold above $1.20 keeps the uptrend intact, while failure at $1.10 may trigger stop-loss carnage. Meme coin degenerates shifting profits into SUI could provide rocket fuel—or become exit liquidity for smart money.

Remember: In crypto, ’price predictions’ are just horoscopes with more technical analysis. Hedge accordingly.

1. Buyers Face Key Resistance

After an impressive rally, SUI made a local top of around $3.9. Since then, the price entered a correction which sent it under the key resistance at $3.4. This level used to act as support, but over the weekend, SUI lost it and turned into a resistance.

2. Short-Term Pullback

In late April, SUI almost doubled in less than a week. This made a pullback likely in May, which has transpired in the past few days with a 7% drop. This corrective move may last for some time, considering the recent pump. SUI has key support at $3.2 and $3, where buyers could put a stop to the downtrend and retake the initiative.

3. Volume Makes Higher Highs

The good news, despite the current price action, is that SUI’s volume is making higher highs. This is bullish, and there is a good chance this cryptocurrency may go higher after this pullback is over. If so, SUI will aim to reclaim $3.4 as support and then target $3.9 and $4.1 next.