As of June 5, 2025, the Sui (SUI) token is trading at approximately $3.14, reflecting a slight decline of -2.48% over the past 24 hours.

Market Sentiment:

• Bearish Outlook: Analysts predict a potential short-term drop to around $2.51, citing bearish market indicators. 

Technical Analysis:

• Resistance Level: Key resistance is identified between $3.37 and $3.39, with recent trading volumes suggesting a consolidation phase.

• Support Level: Support is observed around $3.29 to $3.30, indicating potential stabilization zones. 

Upcoming Events:

• Token Unlock: A significant token unlock event is anticipated, releasing approximately $215 million worth of SUI tokens into circulation. This could impact the token’s price dynamics. 

Price Predictions:

• June 2025: Forecasts suggest a potential rise to $4.35, contingent on positive market developments.

• Year-End 2025: Long-term projections estimate the SUI token could reach up to $7.01, assuming sustained bullish momentum. 

Investors should monitor these developments closely, as they could significantly influence SUI’s market performance in the near term.