Sui (SUI) is drawing renewed attention as traders track bullish chart formations and fresh blockchain upgrades, sparking debate on whether the token could climb toward the $7 mark.
Currently trading under $4, Sui has maintained resilience despite market volatility. Analysts highlight both technical momentum and ecosystem advancements, framing the token as a contender for one of crypto’s next notable rallies.
Technical Setup & Chart Patterns
Analysts are pointing to a few key technical signals that suggest potential upside for SUI:
Support Zone: SUI has repeatedly found a floor around $3.20 to $3.50, a region where buyers appear to step in.
Resistance Level: A strong resistance is forming near $4.20–$4.30. Until that barrier is cleared convincingly, some pullbacks or sideways action may continue.
$SUI remains an attractive buy opportunity ahead of a potential bullish breakout toward $7. Source: Ali Martenez via X
Ascending Triangle Formation: One trader, known as Ali (@ali_charts), has identified an ascending triangle pattern. This structure often precedes upward continuation if the top of the triangle (resistance) is breached.
Potential Fib Targets: Using Fibonacci retracement and extension tools, projections are placed at $4.79, $5.30, $6.19, and ~$7.39 if key resistance is overtaken.
These technical indicators suggest that Sui is poised for an upward move, provided market conditions remain favorable and resistance levels can be overcome.
Technological Developments Bolstering the Case
Beyond charts, upgrades in Sui’s infrastructure are contributing to optimistic Sui crypto news and strengthening the Sui ecosystem fundamentals:
GraphQL RPC & General-purpose Indexer (Public Beta): Sui has launched a public beta of these tools. The GraphQL RPC offers a more expressive, higher-level query interface compared to traditional JSON-RPC. Developers can now fetch structured data about transactions, events, and objects with more flexibility.
Sui upgrades its data stack with GraphQL RPC and the Indexer, making blockchain data more structured and developer-friendly. Source: Sui via X
The General-purpose Indexer turns Sui checkpoints into a Postgres-compatible database. This allows easier historical lookups. An archival service is also part of the stack.
Plans include SDK support, performance benchmarking tools, and real-time GraphQL subscriptions—features that should help build momentum in the developer community.
These upgrades matter because the better the data and tooling, the more utility Sui offers both to projects building in its ecosystem and to analysts/market participants tracking on-chain metrics.
Final Thoughts
Sui’s current setup combines strong technical signals with meaningful blockchain upgrades, giving traders and developers reasons to stay optimistic. If momentum holds and upcoming improvements deliver as expected, the price of Sui could test higher levels, with $7 emerging as a realistic near-term goal.
Sui was trading at around $3.69, up 1.77% in the last 24 hours at press time. Source: Brave New Coin
That said, caution is warranted—resistance remains firm, and external market conditions can shift quickly. For now, Sui stands as one of the more closely watched projects in the altcoin space, with both opportunity and risk on the horizon.
