SUI gained 13.0% in seven days, now trading at $3.87 with steady inflows and stronger BTC pairing.
Price retested the $3.33 fair value gap before moving toward $3.99 resistance.
Support at $3.79 remains firm, while the all-time high at $5.3385 is the next major technical level.
SUI has maintained its weekly week-long rally, rising 13.0% to close at $3.87 on the latest check. The rally reflects sustained buying interest in recent trading sessions as traders watch technical levels closely for a continuation.
Intraday trading against Bitcoin is at 0.00003258 BTC and rose 3.1% over the same timeframe to reflect strength in many pairs. The 24-hour price action demonstrates trading between $3.79 and $3.99, with volume trends describing ongoing market activity. Important to note is that inflows have increased consistently, contributing to recent interest.
SUI Maintains Support Following Fair Value Gap Retest
Recent price action shows SUI retested its fair value gap (FVG) before moving higher. This technical retest occurred near the $3.33 area, which aligns with a previously identified consolidation zone. Buyers have since pushed the price back toward the $3.99 resistance level. This level remains the immediate barrier in the current structure, with sellers appearing active during previous attempts to break above it. Price behavior suggests short-term market positioning will likely center on this resistance test.
https://twitter.com/Cipher2X/status/1954436097619996753
The $3.79 level continues to hold as near-term support, containing pullbacks during recent intraday moves. A broader support block exists around $3.33, which coincides with prior accumulation activity. This zone also overlaps with an order block noted in previous trading cycles. Market participants have consistently reacted to this area, leading to multiple rebounds in recent weeks. Maintaining trade above $3.79 helps preserve the current bullish structure on shorter time frames.
SUI Approaches Key Levels with Clear Short-Term Range Structure
The chart outlines a potential upward move toward the $5.3385 level, which marks SUI’s all-time high. This level remains distant but technically relevant, as it has capped previous rallies. Price has advanced roughly 20.15% from the recent low near $3.33 to current levels. The recent retracement and rebound provide a clearer framework for monitoring further developments. Each movement between support and resistance adds to the short-term range, giving traders well-defined reference points in the ongoing market structure.
The post SUI Holds $3.79 Support After 13% Weekly Gain, Eyes $3.99 Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
