SUI could surge beyond $7: Traders, watch out for THESE levels
SUI surged 10.52% in the last 24 hours, reaching $3.31. Increased network activity and strong accumulation trends.
- SUI’s on-chain activity and data signals suggest a strong market optimism while bullish momentum continues.
- Analysts predicted that SUI could move past its $5.35 all-time high and target the $7.22 key resistance level.
Sui [SUI] is gearing up for a bullish momentum in the last 24 hours following a 10.52% price surge and increased network activity.
At the time of writing, SUI was trading at $3.31, rising from the $2.85 key support on the 4-hour time frame. According to Cryptowaves data, the RSI level is at 45, indicating a neutral market sentiment after weeks of bearish momentum.
Holding the $2.85 to 3.00 support zone in the lower time frames confirms the uptrend in the higher time frame.
According to Solberg Invest on X (formerly Twitter), SUI could surpass its $5.35 all-time high, move past the $6.16 critical level, and target the $7.22 resistance level.
On-chain metrics
According to OKlink data, there has been a 55,522 increase in active addresses in the Sui Network in the last 24 hours. The total addresses increased by 102,883, while trading volume increased by 7.15%.
A crypto analyst, Giannis Andreou has also shared the growing adoption of the Sui network with the following X post.
He noted that Sui is experiencing higher transaction volume than Ethereum, Arbitrum, and Optimism combined in 2025, with daily transaction volumes growing steadily.
What is the current market sentiment?
According to Coinglass data, the coin gained increased 24-hour Open Interest on major exchanges, showing a positive market sentiment after several weeks of bearish momentum.
At the time of writing, the daily Long-to-Short Ratio stood above 2.3 according to Coinanalyze data. The statistics suggest optimism and a bullish market sentiment on major exchanges.
So, what now?
Sui Network is likely to launch more projects to expand its ecosystem. The low fees, scalability, and high transaction throughput are some of its upsides.
Additionally, the Sui blockchain is embracing DeFi and NFTs in its growth.
Is your portfolio green? Check out the SUI Profit Calculator
The coin could keep the uptrend after holding the $2.85 key support level. The bullish momentum could be eyeing the $6.12 critical level. If this holds, we could see SUI at the $7.00 and 7.22 resistance zone.
Investors should watch out for these key levels for confirmation before making the next moves.
