Sui Price Prediction: SUI Nears Historic Support Zone as Traders Assess Next Major Move
The post Sui Price Prediction: SUI Nears Historic Support Zone as Traders Assess Next Major Move appeared on BitcoinEthereumNews.com.
Sui is once again at a critical technical crossroads, with price action returning to a long-standing support zone that has historically shaped the token’s major market reversals. SUI price is approaching a technically significant price level that has played a decisive role across previous market cycles. A review of SUI’s daily and weekly price structure since launch shows this area repeatedly acting as structural support during broader crypto pullbacks. With overall market sentiment still fragile, traders are now evaluating whether this long-term zone can stabilize price action again or give way to renewed downside pressure. Sui Price Today Holds Long-Term Trendline Support At the time of writing, the Sui price today is trading at $1.42, reflecting a 5–6% decline over the past 24 hours, according to aggregated exchange pricing data. Despite the pullback, the price of Sui remains aligned with a rising trendline that can be traced back to the asset’s early post-launch trading phase. SUI is retesting a long-term trendline near the 0.786 Fibonacci support that has historically preceded strong rallies, with a potential rebound toward $2.2–$2.8 if support holds and downside risk increasing only on a confirmed breakdown. Source: CRYPTOMOJO_TA on TradingView A review of historical price behavior on the weekly chart shows that this trendline has been tested multiple times since inception. Each prior interaction was followed by a multi-week rebound accompanied by increased trading volume, suggesting active participation from longer-term buyers rather than short-term speculation. This zone also overlaps with the 0.786 Fibonacci retracement, measured from SUI’s all-time high near $5.35 to its most recent cycle low. While Fibonacci levels are not predictive on their own, they are commonly monitored by institutional and systematic traders as potential areas of demand clustering. Sui Chart Signals Accumulation Zone Amid Volatility From a structural standpoint, direct inspection of the…
