$SUI Bullish Scenario
Triangle breakout above $4: Recent breach of ~$4 and a symmetrical triangle suggests continued momentum, potentially targeting $7.60—a ~140% upside—if buying pressure holds .
Weekly close above $3.50: CoinDCX notes that maintaining above $3.50 into week’s end would likely open a short-term rally toward $4.50–$4.75 .
Altcoin season tailwinds: Cointelegraph and AInvest highlight broader market strength—SUI broke above its 50‑day SMA (~$3.10), eyeing resistance at $4.30, and possibly surging toward $5 next .
🔻 Bearish Scenario
Profit-taking zone: Overbought signals around $4.20–$4.30 (Fibonacci levels) could trigger short-term pullbacks .
Key support levels: If momentum fades, SUI may retreat toward $3.81 (20‑day EMA) or deeper to $3.50–$3.20 cluster .
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📅 Short-Term Forecast
Time Frame Outlook Price Range (USD)
Next 24–48 h Consolidation near breakout levels $3.90 – $4.20
Next Week Potential bullish run if support holds $5.00 – $7.60 (bullish) $3.20 – $3.80 (if pullback)
Next Month Upward trend if breakout confirmed $4.20 – $5.00
Analyst consensus: Most expect SUI to stabilize around $4.10–$4.20 early in the week, then possibly push toward $5 by week’s end .
Predicted target for next week: CoinLore’s AI model forecasts around $4.15–$4.16 over 7–10 days (~3%–4% gain) .
Contrasting view: CoinCodex warns of a potential ~25% drop, possibly hitting $3.02 by mid‑August. However, indicators still lean bullish .