$SUI Price Analysis: A Potential Bullish Rebound on the Horizon
SUIUSDT is currently in a consolidation phase after a recent 5.75% decline, trading at $2.3957. From a technical perspective, the price is testing a key support zone between $2.3 and $2.4. If this level holds and is accompanied by rising trading volume, SUIUSDT could see a short-term rebound toward $2.884, with a potential to reach $3.5 in the coming months.
For a more sustained bullish trend, a break above $3.5 with strong market sentiment and positive developments in the Sui ecosystem could drive the price toward $4.5–$5.0 by mid-2025. However, traders should remain cautious—if the price falls below $2.3, it may signal further downside to $1.8–$2.0.
⭐️Trading Strategy: Short-term traders can consider buying near $2.3–$2.4 with a stop-loss below $2.2, targeting $2.884. Long-term investors should watch for a confirmed breakout above $3.5 before entering. Keep an eye on market trends and Sui’s ecosystem growth for a clearer bullish confirmation!
