SUI’s $265M Token Unlock Looms—Will the 61% Price Surge Survive the Flood?

This week’s massive SUI unlock tests bullish momentum as 61% gains face dilution pressure.

Token unlocks: the crypto market’s favorite ’hold my beer’ moment for volatility.

Can Sui’s ecosystem growth outpace the sell pressure? Or will early investors take profits and run—as they always do?

In addition, all estimated moving averages indicate a buy. If buying pressure holds and SUI stays above $3.60, it could attempt a move toward $4.00, a psychological level that may attract more momentum traders.

On the negative side, SUI might retest support at $3.30 if selling pressure from the May 1 unlock starts to build. A deeper pullback might find further support around the $3.00 area, NEAR the 10-day EMA. If the market smoothly absorbs the unlock, SUI may settle between $3.30 and $3.60 before establishing a new trend.