$SUI SUI Update – May 5, 2025
SUI pushing back up – currently trading around $3.42, up 6.67% on the day. After that strong leg up from the $1.80 lows in early April to nearly $4, we saw some cool-off, typical profit-taking around $3.87 last week.
Price dipped to the $3.26 zone but looks like buyers are stepping back in. Still watching the $3.10 support – if that breaks, we could see $3.00 tested. But bulls are eyeing a golden cross and bullish flag forming. If we flip and hold above $3.40–$3.60 with strong volume, next leg higher could be in play.
Ecosystem's still growing, solid tokenomics, Dubai Base Camp helping bring in institutional interest. Eyes on that breakout – this consolidation might just be the setup.