SUI Crypto Bulls Eye $3.45 as Momentum Gathers, But Caution Lingers
The SUI crypto price continues its upward grind with action gradually building strength above critical moving averages. Over the last five daily candles, the trend has shifted from mild volatility to a more constructive bias, underpinned by rising closes and a bullish alignment of short-term EMAs. The 9-day EMA consistently hovers just under the current price, acting as dynamic support, while the 20-day EMA has steadily climbed, reflecting a broader recovery in momentum. The positioning of these EMAs suggests that buyers have regained control of short-term trend direction, especially as the 9-day remains clearly above the 20-day. This structure often supports further upward movement unless invalidated by a sharp rejection. MACD Hints at SUI Crypto Momentum Fatigue However, the MACD tells a more nuanced story. While the MACD line has stayed above the signal line—a bullish trait—the histogram has narrowed over recent sessions. A decreasing histogram reveals that bullish momentum is fading, even if it hasn’t yet reversed. Daily chart for SUI/USD (Source: GeckoTerminal) This is a key observation for traders: although the bulls remain in charge for now, they are losing steam, which may open the door to a consolidation or even a pullback in the SUI crypto price. Meanwhile, the RSI has hovered in the low- to mid-60s range throughout the recent rally, pointing to positive but not overheated sentiment. This mid-range RSI suggests that the SUI crypto price has room to climb further without immediately triggering overbought conditions. It also means there’s space for dips without necessarily reversing the uptrend. Key Levels to Watch The SUI crypto price is now approaching the $3.45 resistance zone, a level that previously acted as a near-term barrier. A successful close above this point would increase the probability of a push toward $3.558 and potentially $3.582—both significant resistance levels where supply has historically outweighed demand. On the downside, should bullish momentum wane further, initial support lies near $3.192, followed by more solid backing around $3.065. If selling intensifies, $2.995 could act as the ultimate line of defense for bulls hoping to maintain the longer-term uptrend. Trading Strategy Outlook For long traders, the clearest entry would be a confirmed breakout above $3.45 with strong volume—ideally accompanied by a renewed expansion in MACD histogram and RSI crossing toward the 70 region. In that case, upside targets would be set at $3.558 and $3.582, with stops just below $3.19 to manage risk. Short traders, on the other hand, might wait for a rejection at or just below $3.45—especially if the MACD flips to a bearish crossover or RSI begins to trend down. A fade at resistance could open the door for short-term pullbacks to $3.192 or even deeper to $3.065. However, patience is required, as current trend signals still lean bullish. Conclusion The SUI crypto price is in a technically favorable position, but traders should watch for signs of exhaustion as the token nears overhead resistance. The balance between sustained bullish structure and fading momentum will be crucial in determining the next move. Whether eyeing continuation or a potential reversal, disciplined entries and exits remain key. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Ecoinimist is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations. View all posts