SUI (SUI) Price: Breaking $2.85 Could Spark a Monster Rally—Here’s Why

SUI is coiled like a spring. A decisive move above $2.85 might just send it into orbit—while the suits on Wall Street still debate whether crypto is 'real.'

The breakout zone

That $2.85 level isn't arbitrary. It's the line in the sand separating consolidation from potential price discovery. Flip it to support, and suddenly the charts scream buy.

Liquidity hunt

Market makers love these setups. A clean break above resistance triggers stop losses, sucks in sidelined capital, and—if momentum holds—could turn SUI into one of those 'why didn't I buy?' tokens.

Just don't blink

Crypto moves fast. This rally would likely leave slow-moving institutional PDF-report-readers in the dust. Again.

TLDR

• SUI price hovers around $2.79-$2.83, just below key resistance at $2.85 with 27% monthly losses
• RSI at 35.65-35.79 shows oversold conditions while MACD signals bearish crossover
• Critical support zone sits at $2.70-$2.75 with potential targets of $3.83-$4.31 if bulls reclaim $2.85
• Daily volume exceeds $657 million with market cap around $9.5 billion maintaining strong liquidity
• On-chain metrics show continued ecosystem engagement despite price compression

SUI price action remains compressed between key levels as the native token of the Sui blockchain trades NEAR $2.83. The price sits just below the critical $2.85 resistance level that analysts are watching closely.

The token has dropped 1.14% in the past day. Monthly losses exceed 27% as sui retreats from January’s $5.35 peak into a tighter trading range.

Crypto analyst Michaël van de Poppe identifies SUI as consolidating in a major support zone. Liquidity absorption below $3.00 suggests this zone could hold unless broader market sentiment deteriorates further.

This is a great article providing insights of why the $SUI ecosystem is a must-watch.

It's quickly expanding and developing as their TVL and transactions are breaking highs.

Technically, it's slightly trending down, as the entire market is down, but all I know is that Sui is… https://t.co/hS3CnKjNqr pic.twitter.com/tETbIqoq3W

— Michaël van de Poppe (@CryptoMichNL) June 19, 2025

Fellow analyst Naveed, with over 38,000 followers, notes that sui price has respected the $2.70-$2.85 demand zone. He predicts a structural shift toward $3.83 if bulls can reclaim and close above $2.85.

$SUI

Price has been respecting this demand zone, hinting at a potential reversal setup

A break and close above $2.85 could initiate a bullish structure shift

If bulls reclaim the mid-range ($3.83), we may see a run into the $4.31 supply zone pic.twitter.com/1RhrX8zmXN

— Naveed (@navex_eth) June 19, 2025

A further breakout could push SUI toward $4.31 if volume and sentiment align properly. The key lies in daily closes above the resistance zone.

Technical Indicators Paint Mixed Picture

The 14-day Relative Strength Index currently stands at 35.65 to 35.79 across different timeframes. This indicates the asset is approaching oversold territory without guaranteeing an immediate rebound.

The MACD has shown a bearish crossover with the line at approximately -0.1581 crossing under its signal around -0.1190. This indicates continued downtrend momentum unless conditions change soon.

SUI trades below both the 10-day simple moving average at $3.07 and the 50-day simple moving average at $3.48. These averages now act as resistance levels making short-term recoveries more challenging.

The 20-day exponential moving average sits at $2.81 just above current price levels. The 50-day EMA near $2.95 and 100-day EMA around $3.10 FORM a descending cluster overhead.

Bollinger Bands show narrowing in a classic squeeze pattern. The upper band sits around $3.15 while the lower band rests near $2.55 with the middle band at $2.85.

Key Support and Resistance Levels

The $2.71 level near the 78.6% Fibonacci retracement zone represents critical support. A drop below this mark could send SUI declining to $2.50 or as low as $2.39.

Immediate support rests near $2.70-$2.75 matching recent swing lows. If this buffer fails, broader demand extends down to $2.55 before April’s trough near $2.11 becomes vulnerable.

Initial resistance sits around $2.85-$2.90 before the price can test higher levels. Pushing beyond $3.15 WOULD open room toward swing highs around $3.30-$3.40 last tested in early June.

If the $2.71-$2.85 range remains intact, SUI may rebound to the $3.20-$3.50 range. This depends on trading volume increases and Bitcoin stabilization.

ChatGPT’s analysis of 38 live indicators shows SUI compressed between support near $2.70-$2.85 and resistance around $3.15-$3.20. Daily volume exceeds $657.32 million despite the sideways price action.

With a market cap of approximately $9.5 billion and fully diluted valuation around $28 billion, SUI maintains substantial liquidity across major exchanges. Binance’s order books typically absorb multimillion-dollar orders without severe slippage.

On-chain metrics indicate continued ecosystem engagement despite the price pullback. Daily active addresses and transaction counts remain elevated showing usage-driven demand beyond speculation.

The 24-hour turnover of $1.14 billion represents about 12.5% of market cap. This reflects sustained trading engagement despite sideways movement.

Social sentiment shows nearly 90% positive or neutral readings with 1.6 million interactions over 24 hours. Rising mentions total about 22,320 with an expanding creator base of 3,200 contributors.

Current volatility remains subdued with Average True Range around 0.22 USDT implying daily swings of 4% or less. A breakout requires external catalysts to expand this range.

SUI price closed at $2.83 with trading volume maintaining above $650 million across major exchanges.