- SUI is holding firm inside a critical $2.65–$2.95 support range as traders anticipate a reaction toward the $3.15 breakout line.
- Momentum could shift rapidly if SUI breaks above $3.1548, with upside targets at $3.5853 and $3.8325 back on the radar.
- SUI shows stronger resilience than other Layer 1s, with RSI and volume signaling a possible rotation from current demand levels.
SUI is trading at $2.8196 following a 0.30% decline, continuing a retracement that began in April from the $5.30 zone. Traders are now eyeing a decisive move as SUI tests major support levels while locked between persistent supply pressure and rebounding volume.
Support Zone Holds While Imbalance Reactivity Deepens
SUI is reacting inside a strong green support range between $2.6538 and $2.9500, which continues to define buyer interest. This zone includes previously tested price pivots and has historically led to notable recovery phases during broader market pullbacks. Short-term volume remains steady, suggesting that buyers are defending the structure despite ongoing lower highs
According to the analysis shared by Michael Van de Poppe, SUI has been pressing into a well-formed imbalance zone that spans from $2.3900 to just under $2.8530. Within this price corridor, the cryptocurrency has shown multiple reactions, most recently rejecting near the $2.8530 resistance. The recent dip has brought SUI right back to the upper boundary of this imbalance, which acts as a compression trigger for directional movement.
SUI also sits just below the resistance level of $3.1548, identified as a liquidation threshold where short positions could unwind rapidly. A clean move through this price could shift the chart’s rhythm, especially if paired with expanding volume and confirmation from RSI. Traders are closely watching whether momentum can reclaim the $3.1548 mark before retesting higher zones like $3.5853 or $3.8325.
Mid-Range Targets Offer Roadmap to Bullish Expansion
SUI’s short-term structure remains compressed, but previous breakouts offer a clear roadmap for upside potential. If buyers reclaim $3.5853 and consolidate above $3.8325, the door could reopen for a revisit of the $4.3176 supply zone. This area previously marked a 44.43% rally before bears regained control and forced a reversal.
Analyst Naveed also views the $2.3900 level as critical for defending against deeper correction. Failure to hold this mark could expose SUI to intensified selling pressure as liquidity dries further down. Even so, RSI currently leans slightly toward oversold territory, which aligns with historical bounce behavior near this range. Market participants now weigh: Could this be a rotation zone before the next breakout leg?
What’s equally notable is that SUI has maintained positive relative strength against several other Layer 1 assets. This slight outperformance supports the sentiment that SUI, while still consolidating, may lead a rotation once macro pressure eases.
Liquidity Pools and Reaction Zones Remain in Focus
Other analysts note that the $2.7985 and $2.7842 levels offer the final line of buyer defense. These figures sit inside a broader reactive range, and their defense will likely determine short-term trend continuation. The existing resistance at $3.1548—just above the current price—remains the clearest breakout target in the near term.
