SUI Technical Analysis: Market Outlook in July 2025

Technical analysis of SUI on July 1, 2025, covering resistance, support, and indicators.

Technical analysis of SUI (SUI) as of July 1, 2025, indicates a bullish market environment. SUI is currently trading at approximately $3.53, down 0.8% in the past 24 hours, but still in a short-term bullish trend. The market shows signs of buyer strength, though consolidation at resistance levels is possible. This analysis examines resistance and support zones, indicators, and price patterns to provide a clear market outlook. **Resistance and Support Zones** SUI is currently near a key resistance zone at $3.64, which has historically acted as a price ceiling. A breakout above this level could push prices toward $4.11 and potentially $5.12 (the all-time high in January 2025). Conversely, the primary support zone is around $2.70, recognized as a strong demand area. A break below this support could lead to a decline toward $2.50 or even $2.30. These levels are critical for traders. **Indicator Analysis** The RSI on a 4-hour timeframe is at 58, signaling bullish momentum. While not yet in overbought territory, it indicates room for further growth. The MACD shows a bullish crossover on the 4-hour timeframe, suggesting continued upward movement. On the daily timeframe, MACD remains in bullish territory, supporting a positive long-term outlook. The 50-day moving average (MA50) at around $3.45 also acts as a key dynamic level. **Price Patterns** SUI has recently formed an ascending triangle on the 4-hour chart, indicating price compression and buyer strength. An upward breakout could target $4.11, while a downward breakout might lead to a decline toward $2.70. Additionally, a weekly Cup & Handle pattern remains valid, and a sustained move above $3.64 could activate a long-term target of $5.12. This pattern suggests strong potential for price growth in the coming months. **Market Outlook** Based on current data, SUI is in a short-term bullish trend, but traders should closely monitor the $3.64 resistance zone, as a breakout or consolidation here could determine the market’s next direction. Fundamental factors, such as a daily trading volume of $590 million and SUI’s ecosystem growth in DeFi and smart contracts, keep the long-term outlook bullish. A prudent strategy for traders could involve waiting for a breakout above $3.64 or buying at the $2.70 support zone. **Conclusion** As of July 1, 2025, SUI is at a pivotal point. While short-term bullish signals are evident, traders should be prepared for potential consolidation at resistance levels. Technical and fundamental factors point to long-term bullish potential. Traders should manage risk carefully and watch key levels for the next market moves.