- SUI tested and held the $3.55–$3.60 support zone, which flipped from resistance, triggering a rally exceeding 20% gains.
- The price reached the $4.20–$4.25 resistance area, a previous supply zone that will determine the next market direction.
- A breakout above $5.35 would signal continued bullish momentum, fueled by strong trading volume surpassing $2.46 billion.
SUI price recently bounced from the $3.55–$3.60 support zone, gaining over 20% and now approaches a key resistance level.
Support Flip Validates Long Setup
SUI tested the $3.55–$3.60 support zone with precision and rebounded strongly. This level had previously acted as resistance in both May and early July. Its role reversal into support confirms it as a critical area for bullish entries.
A tweet from Crypto VIP Signal™ noted that the bounce occurred as anticipated. Since then, SUI has climbed over 20%, reaching the $4.20 zone. Traders who entered at support are now in deep profit. Managing risk by adjusting stop losses to breakeven has become advisable at this stage of the trade.
The $3.55–$3.60 zone served as a launchpad, proving its reliability and setting the tone for further gains. With rising momentum, the market sentiment remains favorable as SUI edges closer to the upper resistance band.
Resistance Area Faces Renewed Pressure
Currently, the price is challenging the $4.20–$4.25 resistance range. This zone had previously stalled price advances earlier in the year and may act as a supply barrier again. A decisive close above this level could unlock a new upward phase.
According to the tweet by Crypto VIP Signal™, a break above $5.35 will likely extend the bullish trajectory. This $5.35 level corresponds to horizontal resistance formed during January’s price structure.
At the time of writing, SUI was at $4.31, reflecting a 6.04% increase in the past 24 hours and 8.61% over the last 7 days. The current trading volume stands at $2.46 billion, indicating strong market participation.
As the price tests the resistance zone, the market is watching for confirmation of a breakout. A sustained move above $4.25 may open the path toward $5.35 and beyond, continuing the upward trend initiated from the support bounce.
