SUI is gaining strong bullish momentum after breaking through a critical resistance zone around the $4.00 mark. The price action has turned decisively positive, reflecting renewed interest in the layer-1 blockchain that has steadily climbed back into the spotlight.
Technical Overview:
SUI has flipped the $4.00 resistance into support, suggesting strength in the current uptrend.
A potential short-term consolidation around this zone may occur before the price targets the next major resistance at $5.40.
This level marks a key point from the last major rally and could trigger additional upside momentum if broken.
Why It Matters:
SUI’s ecosystem growth and increasing DeFi adoption have contributed to its resurgence. With broader market sentiment improving and traders rotating into high-performance altcoins, SUI is well-positioned for another leg up.
Key Levels:
Support: $4.00
Resistance: $5.40
Potential Path: Retest of $4.00 ➝ breakout to $5.40
If bullish sentiment persists and market volume supports the move, SUI could be eyeing a clean breakout into price discovery territory. However, a failure to hold above $4.00 may delay the bullish setup.$SUI