Sui (SUI) Price Prediction May 2025: Can Bulls Maintain Momentum Above $3.50?
Sui (SUI) has seen a remarkable bullish reversal over the past few weeks, climbing from a sub-$2.00 base to test the $3.80 zone by late April 2025. As we enter May, the token trades around $3.46–$3.50, consolidating gains and struggling to break past key resistance. Traders are now eyeing whether SUI can sustain its upward momentum or whether a retracement is likely before the next leg up.
Daily Chart: Breakout Confirmed, But Sideways Action Emerges
On the daily timeframe, SUI has decisively broken out of a multi-month descending channel in mid-April, with the breakout rally pushing the token from under $2.50 to just shy of $4.00. This move also reclaimed key support zones near $2.45, $2.80, and $3.00 — now acting as strong demand levels on any pullback.
The vertical rally, however, has stalled near the $3.80–$3.90 resistance zone, which aligns with prior consolidation and minor supply blocks. The price action over the past few sessions shows small-bodied candles and minor wicks, indicating indecision.
As long as SUI holds above $3.00–$3.20, the trend remains bullish. A daily close above $3.80 would open the …
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Sui (SUI) Price Prediction May 2025: Can Bulls Maintain Momentum Above $3.50?
Sui (SUI) has seen a remarkable bullish reversal over the past few weeks, climbing from a sub-$2.00 base to test the $3.80 zone by late April 2025. As we enter May, the token trades around $3.46–$3.50, consolidating gains and struggling to break past key resistance. Traders are now eyeing whether SUI can sustain its upward momentum or whether a retracement is likely before the next leg up.
Daily Chart: Breakout Confirmed, But Sideways Action Emerges
On the daily timeframe, SUI has decisively broken out of a multi-month descending channel in mid-April, with the breakout rally pushing the token from under $2.50 to just shy of $4.00. This move also reclaimed key support zones near $2.45, $2.80, and $3.00 — now acting as strong demand levels on any pullback.
The vertical rally, however, has stalled near the $3.80–$3.90 resistance zone, which aligns with prior consolidation and minor supply blocks. The price action over the past few sessions shows small-bodied candles and minor wicks, indicating indecision.
As long as SUI holds above $3.00–$3.20, the trend remains bullish. A daily close above $3.80 would open the …
The post Sui (SUI) Price Prediction May 2025: Can Bulls Maintain Momentum Above $3.50? appeared first on Coin Edition.
Читать больше
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