Sui Price Prediction: Bullish Momentum Builds, But Will It Break $3.20?

Sui is emerging as one of the strongest performers in the market today, showing renewed momentum after a relatively stable summer. As of now, Sui is trading at $3.02 with a market cap of $10.4 billion. The token has risen 10% over the past 24 hours and 12% in the last seven days.

The token appears to have successfully bottomed out around the $2.3 to $2.4 range, validating earlier expectations of consolidation within a broader resistance band between $2.9 and $3.1.

Market-wide optimism, particularly from Bitcoin and Ethereum’s bullish trends, is providing a favorable environment for altcoins like Sui to gain traction.

Technical indicators reflect growing strength, as Sui has broken above multiple key levels, including the 7-day and 30-day rolling VWAPs and a descending trendline on the 12-hour chart.

This momentum suggests that $SUI could soon test the upper resistance zones near $3.2, especially as it benefits from broader crypto sentiment and recent support levels holding firm.

Source – Cilinix Crypto on YouTube

Sui Price Prediction

Despite the upward surge, caution remains warranted. While a breakout is technically possible, several factors temper immediate expectations. Current trading volume for Sui is notably lower than during its last major rally in late April, when DEX activity and total value locked (TVL) metrics were significantly stronger.

Additionally, key macroeconomic variables such as U.S. unemployment data and non-farm payrolls could heavily influence price action. Without clear signals of economic relief—such as increased likelihood of an interest rate cut—$SUI may struggle to sustain upward momentum.

As a result, the more probable short-term scenario is that Sui will face resistance between $3.1 and $3.2 before retracing to consolidate at lower levels. For now, stability seems the most likely path unless fundamental catalysts shift the macro outlook or trigger stronger capital inflows.

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