Sui (SUI) is catching traders’ attention once again as fresh technical patterns and Fibonacci projections suggest a major bullish setup that could push prices toward $7.7 and even $11.2 in the long run.
Despite recent market turbulence, analysts argue that Sui’s current price zone around $2.70 could be the foundation for its next big move. With ecosystem growth, increasing network adoption, and technical levels aligning, optimism is building that Sui’s next rally might just be getting started.
Market Overview: Sui Struggles Amid Broader Crypto Volatility
At the time of writing, the price of Sui hovers near $2.70, reflecting a weekly decline of nearly 19% as broader crypto markets remain under pressure. The pullback follows a volatile period across digital assets triggered by macroeconomic concerns and token unlock schedules. However, despite the downturn, several analysts maintain a cautiously optimistic outlook. pointing to potential upside if Sui can stabilize above key technical levels.
Sui was trading at around $2.70, down 4.60% in the last 24 hours. Source: Brave New Coin
The short-term trend remains challenging as Sui trades below its 50-day simple moving average (SMA), signaling ongoing bearish momentum. Market participants note that the $3 mark, which once acted as strong support, has now turned into a significant resistance level. A decisive breakout above this level could be the first signal of renewed bullish momentum.
Fibonacci Targets: Charting the Path Toward $7.7 and $11.2
The bullish case for Sui’s price prediction relies heavily on Fibonacci retracement and extension levels. According to the logarithmic chart analysis, the first target (T1) lies around $7.7, while the second target (T2) extends toward $11.2, assuming a continuation of the broader uptrend. These targets, if achieved, would represent a substantial rally from the current range—potentially signaling a return of strong investor confidence.
Sui (SUI) is trading around $2.70, with long-term bullish targets set at $7.70 and $11.20. Source: @Bitcoinsensus via X
However, analysts caution that achieving these ambitious levels will depend on broader market stability and Bitcoin’s ability to hold above key psychological thresholds. Historically, Sui crypto has shown high correlation with larger market movements, and any renewed strength in Bitcoin could act as a catalyst for a rebound in Sui coin price.
Ecosystem Growth and Token Unlock Risks
Beyond price charts, Sui’s long-term outlook is influenced by developments within the Sui blockchain ecosystem. The recent launch of xMoney’s $XMN token on the Sui network has boosted optimism about the project’s expanding use cases and partnerships. As ecosystem activity increases, it could help offset the negative sentiment from recent sell-offs.
Sui (SUI) has broken below its ascending triangle, turning former support into resistance—reclaiming it could revive the bullish setup, while rejection risks further downside. Source: @TheCryptoLark via X
Nonetheless, risks remain, particularly from large-scale Sui token unlocks and insider selling. Past events, including a $144 million token unlock, have coincided with sharp drawdowns, reminding investors of potential supply shocks. Analysts have also pointed to the impact of a previous $400 million insider dump, which created temporary downward pressure on the Sui coin price. Managing these unlocks strategically will be crucial for maintaining investor confidence in the coming months.
Technical Picture: Reclaiming Key Levels for Recovery
From a technical perspective, reclaiming the $3 resistance remains the most immediate challenge for Sui bulls. A successful breakout could open the door for a move toward the $5 region, while failure to do so might lead to further declines into the $1–$2 range. Increasing trading volume could help validate a bullish reversal, but momentum remains fragile for now.
Buying $SUI below $3 could be the long-term decision investors look back on with gratitude in the next decade. Source: @suintern_ via X
Still, if market sentiment improves and Sui continues to expand its ecosystem, the long-term Fibonacci targets of $7.7 and $11.2 remain plausible milestones. For now, the token’s path forward will depend on its ability to stabilize above key moving averages and attract sustained network growth—conditions that could ultimately determine whether Sui’s current slump transforms into the beginning of its next major rally.
While the near-term environment for Sui crypto appears uncertain, long-term models paint a picture of potential recovery. The Sui price prediction for 2025 leans bullish if Fibonacci levels hold, but traders should remain cautious amid lingering supply risks and macro-driven volatility.
