- SUI price is in an ascending triangle with resistance at $4.50 and rising support is June 2025.
- If there is a confirmed breakout over the resistance zone at $4.50 then the SUI price might surge towards the $5.50 objective.
- The Money Flow Index is at 48.75 or neutral momentum with buying pressure that can further be increased.
SUI price is hovering nearby a major resistance level and the price moves have been sticking to a gradually ascending triangle formation. The indicated setup since June 2025 exhibits increased demand on higher lows alongside the range of $4.46 to $4.50 as a very strong ceiling.
SUI Price Ascending Triangle Remains Intact as Buyers Hold Support
According to TradingView, SUI has not yet broken out of the ascending triangle, a pattern that is generally considered bullish but is associated with the trend. The current price is trading at around $3.49, above the rising trendline that has been drawn in the past two months. This trendline has confirmed several bounces and has indicated that bulls are not dormant yet.
The resistance that lies between $4.46 and $4.50 has resulted in declining a number of breakout attempts. In case of buyers forcing beyond this region then a powerful breakout can be expected. Naturally, the next target based on the triangle height is at the price of $5.50, which could witness a 57.52% increase in price at today’s levels.
Traders are keenly monitoring the current price levels that are being traded at the verge of the triangle. It is still normally at this point that volatility accelerates and decisive moves start getting formulated. Volume on a move beyond resistance could support the bullish set up.
Source: TradingView
A breakdown at less than $3.40 would however nullify the pattern. In this case, the prices can further slide to $3.00 or even lower to $2.80. So far the buyers are still holding up the structure and the trend has been bullish.
The 14 day money flow, which is the 14 day moving average money flow index, is 48.75 implying that the capital inflow and outflow is balanced. Recently, the MFI has swung lower than 40 indicating that the selling pressure could be abating. An upward breakout with a new buying could be supported by a move above 60 on MFI.
Volume and momentum indicators are being followed by traders as SUI is just touching resistance. With a breakout in the ceiling of $4.50 there will be a rapid upswing to the level of $5.50. However, there is fear of being rejected again at resistance, or a move under trend line to reverse sentiment.
At this point, SUI is still in neutral-to-bullish position and future initiation of a major move is anticipated as the price approaches the key resistance area at $4.50.
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