Current Market Conditions
Price Action
#SUİ (SUI) recently traded around $3.69, as it failed to break above the ~$3.98 resistance, prompting a ~4% drop amid heavy selling and a reduction in open interest and funding rates .
Technical Levels to Watch
Immediate support is pegged near $3.72, with a potential downside to $3.52 if that level breaks. On the upside, key resistance zones to monitor are $3.85 and $4.07, which may catalyze a reversal if breached .
Market Sentiment
Derivatives data reveals a bearish tilt, with CoinGlass’s long-to-short ratio at 0.63, the lowest in over a month—indicating traders are leaning toward expecting a price decline .
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Short-Term Forecast (August–September 2025)
Changelly’s Outlook
Changelly expects #SUI dip to a minimum of $2.55 in August, averaging around $3.10, with possible upside to $3.64 .
CoinCodex View
CoinCodex projects August trading between $2.63 and $3.77, with an average near $2.99. For September, a modest recovery to around $2.95, trading between $2.85 and $3.05, is expected .
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Mid-Term Outlook (End of 2025 – 2026)
CryptoNews Forecast
By the end of 2025, prices could average $4.93, with a further rise to $6.63 anticipated by end of 2026 .
CoinPriceForecast Long-Term Estimates
This model suggests SUI could hit $5 by late 2025, $7 by end of 2026, rise to $10 in 2027, and reach $12 in 2028 .
Binance User Consensus
Average user sentiment on Binance estimates SUI at $4.34 over the next five years, with a 2026 forecast of about $3.57 .
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Bullish Technical Scenarios
CoinDesk Analysis (July 2025)
SUI surged ~15% to $4.23, spurring bullish forecasts up to $6–$8 if breakout confirms .
Elliott Wave Breakouts
According to CoinCentral, if the Elliott Wave structure continues, SUI might breach resistance at $4.70–$5.20, targeting $10 by June and possibly climbing to $13–$14 or even $16–$18 in later waves .
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Summary Table: SUI Price Outlook
Time Frame Potential Price Range
Now (Aug 2025) $3.52 – $3.85, key support/resistance.
Rest of Aug Drop to $2.55 – $3.10, possible average.
Sep 2025 Stabilization around $2.85 – $3.05.
End 2025 Average $4.93, plausible range $5.
End 2026 Target $6.63 – $7, per bullish forecasts.
Mid-term upside Potential rally toward $10+ if breakout.
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Final Take for Binance Square Readers
Sui is at a crossroads. On the downside, a break below $3.52 could open further downside for August. However, a successful defense of $3.72–$3.85 could set the stage for a dip to rally reversal, increasing odds of reclaiming $4+ levels.
Short-term models suggest potential weakness before year-end, but longer-term sentiment, technical patterns (like Elliott Waves), and breakout speculation point to a bullish upside—possibly reaching mid-single digits ($6–$10) or higher, depending on market momentum and execution