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SUI Eyes $8.39 by 2025 as Technicals Scream Bullish—Here’s Why

SUI Eyes $8.39 by 2025 as Technicals Scream Bullish—Here’s Why

Author:
Tronweekly
Published:
2025-05-23 15:30:00
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Forget hopium—SUI’s chart setup paints a legit breakout trajectory. Analysts are circling 2025 as the year this altcoin punches through resistance like a hot knife through butter.

Key drivers? A textbook bullish wedge formation and trading volume that’s quietly stacking up. The $8.39 target isn’t just plucked from thin air—it’s where the Fibonacci extensions converge with historical liquidity zones.

Of course, in crypto-land, ’technical analysis’ is just astrology for MBAs. But when the algos start buying the dips, even the skeptics pay attention.

sui

  • SUI shows bullish reversal signs despite short-term price dip.
  • Cetus DEX exploit raises DeFi security concerns on the Sui network.
  • Analysts predict the coin may surpass $8.39 by the end of 2025.

SUI is trading at $3.82 currently and is down by 5.03% on the day. This dip notwithstanding, the 24-hour trading volume is up 91.94% at $3.57 billion. sui registered a 1.76% drop in the last week, a continuation of the short-term fluctuation in the token’s performance. However, the technical specialists are looking to a potentially positive shift.

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Source: Coinmarketcap

Crypto expert Emma points out that SUI broke out of the inverse head and shoulders structure, a venerable charting model indicative of trend reversal, recently. This breakout was underscored with a spike to $4.2911, action indicative of increasing buyer dominance. With the current support testing at the $3.78–$3.90 range

Emma is recommending a stop below $3.75 and profit targets at $4.10 and $4.29. Analysts are calling attention to monitoring the volume very carefully around $4.10 since a volume surge might validate the break and trigger new upside momentum.

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Source: X

Cetus DEX Exploited in Major Security Breach

A blow to the Sui ecosystem, Cetus, a top-ranked decentralized exchange within it, has fallen prey to a massive exploit. Multiple liquidity provider pools have been drained entirely, according to on-chain reports triggering the community to rush to its defense.

Initial evidence points towards the use of weak points in the smart contracts as the initial point of attack, where attackers carried out a string of well-timed and well-planned transactions to drain the funds.

The Cetus team has confirmed the attack and is working to freeze compromised assets and investigate the matter further. Customers have been encouraged to steer clear of the platform until further notice.

The attack reignited fears over the security infrastructure of more recent blockchain networks, including Sui, despite the latter’s technological advantages in terms of scalability and throughput.

The hack can impact market sentiment in the NEAR term and prompted demands for increased auditing and monitoring mechanisms across DeFi platforms.

Long term outlook for SUI remains bullish

Despite the latest happenings causing turbulence in the Sui ecosystem, market experts are hopeful about the future path of the token. SUI can potentially reach over $8.39 before the end of 2025.

The token, having touched $5.28 momentarily this year before falling below $3.52, will break its earlier all-time high at $5.35 and find itself in a new trading range between $8.17 and $8.39.

This optimistic long-term outlook is supported by increasing investor appetite, continued ecosystem build-up, and expanding visibility of the token in the wider crypto ecosystem. SUI’s future, however, will largely rest upon the way the network handles its current security issues.

Related Reading | XRP Poised for Breakout: Bulls Eye $2.60 After Breaching Key Resistance 

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