- SUI rebounds strongly post-Cetus exploit, regaining bullish structure and investor trust
- Technicals support bullish case as price consolidates above $3 with rising TVL strength
- Analysts eye breakout above $4.83, targeting $7–$10 if inflow momentum continues
SUI is staging a strong comeback after weeks of market turbulence due to the Cetus exploit, with signs of renewed investor confidence and improving technical strength. Despite a heavy dose of fear, uncertainty, and doubt (FUD), the SUI token has bounced back impressively in both its price structure and its Total Value Locked (TVL).
The project’s fundamentals appear intact, and some analysts now see SUI as a resilient contender in the ongoing race for blockchain adoption. Notably, the asset has reportedly shown outperformance relative to Solana in recent months, a trend some expect to continue over the next 12 to 24 months.
SUI Technicals: TVL Rebounds $300M to $1.8B; Price Consolidates Above $3 Support
Michaël van de Poppe noted that SUI’s TVL surged by $300 million, pushing it back to $1.8 billion. This rebound came swiftly after the exploit news, underscoring strong investor conviction.
Related: Cetus Hack Aftermath: Sui Community Debates Frozen Funds Return, Weighs User Protection
On the chart, SUI/USDT shows higher lows and higher highs classic signs of bullish momentum. Price is consolidating above the $3 mark, a psychologically important support level. This stability indicates that the token is building strength for its next leg up.
Besides technicals, sentiment appears to be shifting. As of press time trading at $3.57 with a recent 2.13% dip over the last 24 hours and an 11.22% drop over the week, momentum remains intact.
The MACD line is below the signal line, but the histogram is narrowing. This signals a possible end to the bearish pressure.
Additionally, the RSI stands at 49.10, recovering from recent lows and suggesting a neutral stance. A further bounce here could serve as the launchpad for a new rally.
Analyst Eyes SUI Breakout to $7-$10; On-Chain Inflows Key
Crypto Patel also sees strength in SUI, especially within the $3.10 to $2.50 demand zone. He considers this area a re-accumulation range and plans to increase exposure if prices revisit it.
With a first entry near $0.60, Crypto Patel believes the current structure remains bullish. He sees a potential breakout above $4.83 leading to a push toward the $7 to $10 range, assuming market conditions remain favorable.
Related: Sui Responds to Cetus Incident With $10 Million Security Fund, Vows Stronger dApp Support
On-chain data shows that strong net outflows since January led to price declines. However, recent periods of inflow align with short-term recoveries. Historically, inflows above $20 million precede rallies. This suggests that if inflow momentum returns, SUI could revisit its $4.50–$5.00 range soon.
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