$SUI is currently among the best-performing assets in the crypto space. Since its launch, it has delivered over 6000% in returns—a remarkable growth by any standard. Even now, it continues to show strength with steady upward movement. That’s why I’ve prepared this analysis in simple, easy-to-follow language, so that both experienced traders and newcomers can better understand SUI’s current position and potential strategy.
Let’s begin with the monthly timeframe. The higher the timeframe, the more reliable the signals—and on that level, SUI looks smooth and solid. If this current momentum continues, we could soon see it touch around $4.12. That’s a major level. If it manages to break that resistance, we might even see a new all-time high in the coming months.
But here’s the catch: if the overall market declines,
#sui might fall back to the $2.70–$2.82 range. That would be a great opportunity to buy, because the price would likely bounce back strongly from that level. Historically, such a dip could bring a return of 50% or more from the bounce. However, the drop isn’t confirmed—SUI is currently sitting on a strong support zone between $2.83 and $3.19, and the current monthly candle is resting right there.
So what should you do if you’re interested in buying? Let’s say you’ve got a $5,000 portfolio (specifically for SUI). Don’t go all in. Start with something like $700, and use a DCA strategy—add more slowly if it goes up, or if it dips to better prices. You might be asking, "When’s the right time to begin?" A smart approach would be to wait until after May 7th (the
#FOMC meeting). That day will likely reveal the overall direction of the market.
Now from the weekly perspective (medium-term view), the support levels remain the same. As long as $3.19 holds, things are looking good. But if that level breaks, SUI might go lower to the next support. On the upside, there’s strong resistance between $4.07 and $4.20. If SUI gains strength, it might touch that zone—but be careful. It could dip again from there before trying to break through it later.
Now let’s talk short-term—the daily chart. As of today, SUI has started to show downward movement. For bulls to remain in control, it needs to close the daily candle above $3.45 or close to it. If that happens, the next two days will still be uncertain—so the best strategy may be to wait and not rush in. However, if SUI closes the day around $3.34 or lower, there’s a very high chance of a drop. If it breaks below $3.27, that could be a golden entry for short-term traders.
Keep in mind, $3.57 is a very important level. If the daily candle closes above that with confirmation on short timeframes, we could see a 15% jump toward the next resistance.
This analysis is built around various possible outcomes, as certainty in crypto markets is rare. For a clearer view of the market direction, it’s best to wait until after May 7th, when upcoming events may provide confirmation. Until then, the most practical approach is to remain patient, keep key price levels in focus, and let the market reveal its direction. Effective trading isn’t about rushing in—it’s about observing, preparing, and making smart decisions.
Key Takeaways:
Monthly target: $4.12 Buy zone if market dips: $2.70–$2.82Strong support: $2.83–$3.19Wait until May 7th for clearer market directionDCA strategy recommended, not all-inWeekly resistance: $4.07–$4.20Bearish daily close: Below $3.34 = likely dipGolden entry: Below $3.27Daily breakout: Above $3.57 = ~15% move
⭐ Many of you asked for a SUI analysis — special thanks to
@iSiegrein ·
@E_zet and
@Jeraldine Plagge UmP5 for raising the question! This one's for you and everyone else who was curious.