- SUI is trading at $3.71, holding above the $3.50 demand zone after recent downward pressure.
- The 20-EMA at $3.58 serves as immediate support, while $3.87 – $4.12 remains a key resistance range.
- A break below $3.50 could push SUI toward $3.08, while a breakout above $4.12 may drive it toward $4.90.
Sui (SUI) has been under pressure after it failed to sustain its position above $4.00, which sparked speculation about its next move. The token entered a critical demand zone that historically triggered buying interest, making it a key level for traders.
SUI Price Trends & Demand Zone Analysis
SUI is currently trading marking a 4.80% gain over the last 24 hours. The $3.50 demand zone acted as strong support multiple times since December, with each dip drawing buying pressure.
If the price held above this level, a bullish reversal could have emerged, potentially leading to a retest of the $3.87 – $4.12 resistance zone. However, if selling pressure intensified, a breakdown below $3.50 might have triggered profit-taking, pushing SUI toward $3.08.
Related: Altcoin Market Movers: HBAR, SUI, SOL, LINK, ONDO See Gains
Support Levels and Price Reaction
Key moving averages further defined the trend, with the 20-EMA at $3.58 serving as immediate support and the 50-EMA at $3.76 as an important level to reclaim for a sustained rebound. Meanwhile, the 100-EMA at $3.99 remained as a long-term resistance level. A break above $4.12 might have accelerated bullish momentum toward $4.90.
Momentum indicators present a mixed outlook. The RSI stood at 53, signaling neutral conditions, with a move above 60 likely confirming renewed buying strength. The MACD histogram turned positive, reflecting an early shift in sentiment, but a sustained bullish crossover was required for further confirmation.
Related: Is the Worst Over for $SUI, $WLD, $FET, $TIA, and $ARB Altcoins, or Is More Downside Ahead?
Market Outlook: Will SUI Hold the Demand Zone?
SUI’s current price action suggests early signs of recovery, but it remains at a critical inflection point. If buyers step in and push the price past $3.87, it could set the stage for a move toward $4.12 – $4.90.
The falling wedge breakout pattern observed on the charts supports a potential reversal, but confirmation is needed above key resistance levels.If $3.50 fails to hold, downside risks increase, potentially driving the price toward $3.08 or lower.
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