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SUI Maintains Bullish Momentum Above Key Support, Eyes $4 Breakout

SUI Maintains Bullish Momentum Above Key Support, Eyes $4 Breakout

Published:
2025-08-23 02:04:16
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News - SUI is holding strong above the $3.70 support level, consolidating gains from its recent spring rally. The cryptocurrency faces immediate resistance in the $3.90–$4.00 range, with a successful breakout potentially driving prices toward the $4.50–$4.60 zone. Technical indicators including the aligned EMA stack, Ichimoku cloud, and RSI remaining above 50 all reinforce the medium-term bullish outlook. Trading at $3.71 currently, SUI's consolidation at higher levels suggests a temporary pause before the next upward move. The EMA-20 at $3.42 provides dynamic support, while the EMA-50 ($2.97) and EMA-100 ($2.15) maintain a bullish configuration. A weekly close below the EMA-20 would indicate weakening momentum. Bollinger Bands position SUI above the 20-week basis at $3.35, with the upper band at $4.53 serving as a key breakout target. Momentum indicators, particularly the RSI, continue to support the positive price outlook for SUI.

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