- SUI has broken a 182-day resistance trend line and is now approaching the key $4 level.
- A confirmed breakout above this zone could lead to a new all-time high.
After months of decline and hesitation, SUI is now on a bullish trajectory, gaining strength since April 2025. The altcoin recently broke through a 182-day resistance trend line, signaling a potential for further gains. With the only major barrier being the $4 resistance zone, traders and investors are watching closely to see if SUI can finally push into new all-time high territory.
A Comeback Story in the Making
SUI saw a massive 70% drop between January and May 2025, retreating from its previous all-time high. However, in April, signs of strength began to emerge. Since then, It has climbed more than 200%, making it one of the best-performing altcoins in the market during that period.
Though it initially failed to break above the $4 mark, the strong rally laid the groundwork for a trend reversal. That reversal was confirmed in June when SUI formed a higher low and finally broke its diagonal resistance.
Why the $4 Resistance Matters
Currently, the $4 horizontal resistance is the last major barrier before SUI can reach a new peak. A confirmed breakout above this level could open the door to price discovery and fresh highs.
Technical indicators back this bullish setup. The Relative Strength Index (RSI) has crossed above 50, and the MACD is in positive territory, suggesting strong buyer confidence. Additionally, the token has completed a classic correction and reclaimed the critical 0.618 Fibonacci retracement level—a bullish signal in technical analysis.
What Lies Ahead for SUI?
According to the wave count and recent price action, SUI is now in its expansion phase. If the ongoing breakout mimics the size of the last surge, prices could climb to $4.90. However, without significant resistance in that zone, analysts believe SUI could exceed even that and chart a new all-time high.
In summary, SUI’s bullish trend is gaining momentum after months of consolidation. A breakout above $4 would mark a key turning point and likely spark a fresh rally that could take SUI’s beyond its previous highs.
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