As of now, SUI (Sui Network native token) is priced around $4.04, with a 24-hour fluctuation range of $3.93–$4.24, rising about 15% in the past week, with a cumulative increase of over +370% this year.
📊 Technical analysis
Price level and structural breakout
SUI has been rising steadily since the beginning of the year, establishing a clear bullish structure, recently surpassing the $4.00 round number and refreshing multi-month highs.
Trading volume has significantly increased during the breakout, indicating that the bullish trend has substantial momentum.
Technical indicator assessment
Moving averages show a continuous bullish arrangement (e.g., MA20 crosses above MA50).
RSI is close but has not yet entered the overbought zone (generally, the bullish trend still has room for continuation).
🔍 Capital observation
Significant increase in trading volume: 24-hour trading volume about $2.6–3.0B, indicating a high activity state.
Capital sentiment leans optimistic: CoinGecko indicates community sentiment is as high as 88% bullish.
🧱 Fundamental support
Ecosystem warming
The Sui ecosystem's core protocols continue to launch incentive programs (such as DeepBook, Cetus, etc.), with on-chain TVL steadily growing, attracting capital.
Institution and investor entry
High community and institutional participation, long-term listings on Coinbase, Kraken, and Binance, strong liquidity.
Infrastructure is complete
After multiple rounds of technical iterations and significant collaborations (such as with Wormhole for cross-chain bridging); the continuity enhances future potential.
Binance
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🌐 Market sentiment and industry dynamics
Recently, Coinbase reported that SUI's price broke the 7-day resistance level, accompanied by a surge in trading volume.
Multiple analysis organizations believe we have entered 'altseason', with SUI being named as one of the main beneficiaries.
🧭 Future outlook and strategy recommendations
Short-term support: approximately $3.93–$4.00 (24h low + round number support).
Current resistance: approaching $4.24 (24h high), if broken and stabilized, it is expected to challenge the historical high of $5.35.
Operational style Recommended strategy
Short-term trading Watch for a retest of $4.00 support, observe momentum indicators for long entry, set stop loss below $3.90.
Swing holding If it breaks $4.24 with increased volume, consider averaging up on dips with a target above $5.
Conservatives It is recommended to wait for a clear stabilization above $4.24 and confirm continuous volume increase before laying out to reduce risk.
🔎 Next steps to track
Daily & Weekly RSI / MACD price-volume and divergence changes
On-chain TVL, active addresses, protocol interaction data trends
Whether the overall market BTC, ETH maintains a bullish atmosphere
