SUI Shows Strength and Could Reach $4 With Optimism in the Bull Market
SUI is standing out as one of the most promising layer 1 (L1) blockchains in the crypto landscape, positioning itself alongside giants like Ethereum and Solana. Recognized for its efficient infrastructure and growing adoption of dApps and smart contracts, the network has been attracting the attention of developers and investors.
Despite recent volatility in the market and global economic uncertainties, SUI has maintained solid performance. Its appreciation against Bitcoin — an important metric that reflects the appetite for altcoins — has been consistent. Analyst Kaleo pointed out that the token is gaining strength and may break the psychological barrier of $4, which has limited its advance for weeks. If the overall crypto environment remains positive, this breakout could pave the way for a new bullish wave.
However, the scenario still requires caution. International tensions and possible liquidity restrictions could bring retractions to the market as a whole. The question is: will SUI be able to withstand the tide and lead the next bullish cycle? Its recent performance suggests that it will.
Strong Support Before the Decision
Currently priced at $3.46, SUI is holding above the 200-day moving average, located around $3.25 — a sign that buyers remain in control in the short term. As long as this range is maintained, the upward trend remains intact.
The next major test is at $4, an important resistance from both a technical and psychological perspective. Overcoming and closing above $4.20 could validate a new appreciation trend and attract even more buying flow.
On the other hand, a drop below $3.20 could lead the price to seek support in the $2.80 region. If this occurs amid broader weakness in the altcoin market, a deeper correction cannot be ruled out.
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