he always bounced back after saying that this is the piece of the year right
Joël kiandu
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$SUI 📈 Market Situation
The price of SUI is approximately 4.01 USDT, with a slight intraday increase (+0.07%). Over the week, SUI has risen by more than 11%, gaining about 33% over a month. Over a year, the increase exceeds 370%, reflecting a strong upward momentum. 🔧 Technical Analysis
Recent bullish breakout: SUI has broken through a long-term downtrend line and confirmed a key support around 3.71 USDT, with a successful retest. Favorable momentum: indicators suggest a bullish bias, with potential to rise towards resistance levels around 5 USDT, or even 7–11 USDT for longer-term positions. Mixed signals from some analysts: CentralCharts mentions solid support at 1.45 USDT but remains cautious in case of a downward break.
🧠 Sentiment and Outlook
Platforms like CoinCodex and Changelly anticipate a short-term decline (towards 2.9–3.0 USDT in August), reflecting a possible profit-taking after recent gains.
In the medium term, the outlook appears mixed: CoinCodex forecasts -25% in one month, while Cryptopolitan expects a ceiling at 6.8 USDT by the end of 2025.
Short term (1 to 4 weeks) Potential pullback towards 3.0–3.5 USDT, useful for accumulating or strengthening with a good risk/reward ratio.
Medium term (1 to 6 months) If the bullish structure confirms (maintaining >3.7 USDT), SUI could range between 5 and 7 USDT, or even more in the event of a general crypto rally.
Key points to monitor
1. Maintaining above 3.7 USDT – validation of the bullish trend.
2. Trading volume and macro crypto behavior (notably BTC/ETH).
3. Absence of negative catalysts (regulation, network bugs).
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