SUI Price Primed for Explosive Rally as Key Support Zone Holds Strong
SUI bulls dig in as the token defends critical support—signaling potential liftoff.
Technical confluence zone becomes the battleground for SUI''s next major move.
Traders eye breakout potential while skeptics mutter about ''just another crypto dead cat bounce.''
Active accumulation suggests smart money positioning before the pump—retail FOMO likely to follow.
Another day, another ''key level'' in crypto—because apparently drawing lines on charts makes us all experts now.
Key technical points
- Break of Market Structure Confirmed: A new swing high has been formed, flipping market structure to bullish.
- Strong Support Confluence Below: The current correction has landed on the POC, an active bullish order block, a BOS/SR flip, and the 0.618 Fibonacci retracement.
- Healthy Higher Low in Play: Holding this zone confirms trend continuity and sets the stage for higher targets.
- Next Key Resistance at $3.49: A break above this level will confirm continued bullish momentum toward new local highs.
After rallying from the $2.22 region, SUI posted a decisive swing high, confirming a market structure break. This breakout was technically significant, as it was accompanied by aggressive price action that sliced through major resistance levels with ease. The reclaim of the value area low followed by a clean MOVE through the point of control suggests strong demand and trend conviction.
The current pullback is now retracing into a powerful support cluster. This includes:
- The point of control
- A bullish order block
- A BOS/SR flip
- And the 0.618 Fibonacci retracement
This makes it a high-confluence demand zone and a logical place for price to form a higher low — which WOULD keep the bullish structure fully intact.
As long as this zone holds, sui is structurally poised for a move toward the $3.49 resistance, the next key level in the local trend. A break of this region could trigger a new wave of buying and set up the asset for higher highs.
What to expect in the coming price action
SUI remains in a bullish structure following its recent breakout. If the current support confluence zone holds, the next leg higher could target the $3.49 level and potentially beyond. However, failure to defend this zone would invalidate the higher low and introduce deeper correction targets. Until then, the bias remains bullish.